Metaplanet Issues 3.6 Billion Yen Bonds to Increase Bitcoin Holdings
Japanese investment firm Metaplanet is issuing bonds worth 3.6 billion yen (approximately $24.8 million) to acquire more Bitcoin. This decision follows a Board meeting on May 2, 2025, where the 12th Series of Ordinary Bonds was approved for bondholder EVO FUND.
- Bonds will be repaid at nominal value by October 31, 2025.
- Bondholder can request early redemption with prior notice.
- Funds raised will help expand Bitcoin holdings toward a target of 100,000 BTC by year-end, having surpassed 5,000 BTC already.
- Redemption funds are expected from the exercise of stock acquisition rights; partial early repayments may occur based on investor demand.
- Metaplanet's shares increased by 8.6%, closing at 428 yen.
- No confirmation yet on whether bond funds have been used for additional Bitcoin purchases.
Metaplanet’s Strategy in the BTC Ecosystem
Metaplanet appointed David Bailey, CEO of BTC Inc., to its advisory board to enhance Bitcoin adoption and strengthen its market position. Additionally, on April 14, it acquired 145 Bitcoin for $13.6 million.
Other companies, like Semler Scientific, are also increasing Bitcoin holdings, indicating a trend toward institutional investment diversification in cryptocurrencies.