Metaplanet issues $21.25M bonds to expand its Bitcoin reserve — this marks the company’s 14th issuance of unsecured bonds, with EVO FUND acquiring the entire offering. The bonds are non-interest-bearing and may be redeemed early at the investor’s request. Metaplanet also retains the right to redeem portions of the issuance as proceeds are received from the exercise of its 15th and 16th series of warrants, provided those proceeds are in multiples of $625,000.
Metaplanet Continues Bitcoin Accumulation with $21.25M Bond Issuance
On May 9, 2025, Metaplanet Inc. once again took a decisive step toward strengthening its position in what may become the future crypto economy. The company announced the issuance of its 14th series of unsecured bonds, totaling $21.25 million.
This is a structured and prearranged deal: the entire offering will be purchased by the investment firm EVO FUND. The proceeds will be used to acquire Bitcoin, in line with Metaplanet’s previously disclosed strategy of leveraging funding instruments with fixed execution terms.
The bonds are non-interest-bearing and will mature at face value on November 7, 2025. The investor reserves the right to redeem the bonds early by submitting written notice one business day in advance. Metaplanet also retains the option to redeem portions of the issuance as it receives proceeds from the exercise of its 15th and 16th series of warrants — provided the amount is a multiple of $625,000 (the denomination of a single bond).
Conclusion
This is a clear and focused move aimed at expanding Metaplanet’s Bitcoin holdings — a significant allocation and likely not the last. The company continues to stand out as one of the few publicly traded firms in Japan actively follows a Bitcoin strategy.
