Metaplanet Raises $10 Million Through 0% Bonds to Purchase More Bitcoin

Highlights:

• Metaplanet announced it raised $10 million via a recent 0% bond offering.
• The Japanese firm plans to expand its Bitcoin holdings with all entire capital.
• The bond issuance aligns with Metaplanet’s earlier announcement regarding stock acquisition rights in January.

Japanese crypto investment firm Metaplanet has announced the issuance of its 11th series of ordinary bonds worth $10 million to EVO FUND. The company announced the latest bond issuance in an April 16 tweet, a few days after it bought 319 BTC, pushing its total BTC holdings to about 4,525 tokens.

In the X post, Metaplanet said it will use proceeds from the bond issuance to expand its Bitcoin holdings. This move aligns with an earlier announcement on January 28, 2025, regarding Metaplanet’s stock acquisition rights.

*Metaplanet Issues 10 Million USD in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/OeA2J8yZsu

— Metaplanet Inc. (@Metaplanet_JP) April 16, 2025

Latest Bond Structure

The Japanese investment firm noted that the face value per bond will be $250,000. Also, its bond will carry a zero interest rate with redemption at face value. The investment firm fixed October 14, 2025, for redemption. However, Metaplanet said it will allow early redemption with one business day’s notice from EVO FUND (Institutional Investor).

The investment firm added that the redemption depends on the 14th to 17th series stock acquisition rights exercise. If Metaplanet raises multiples of $250,000 from the exercise, it could help facilitate earlier bond redemption. Notably, the Japanese company warned that the bonds are unsecured, with the entire issuance allocated to EVO FUND.

Metaplanet Will Not Appoint a Bond Administrator

In its announcement, Metaplanet stated that the bond requires neither an administrator nor a book-entry transfer institution, citing compliance with Japan’s Companies’ Act (Article 702) and other related ordinances.

Metaplanet added:

“The issuance of this bond is expected to have a minimal impact on the company’s consolidated financial results for the fiscal year ending December 2025. If any material impact on our financial performance or other matters arises, we will provide an update promptly.”

Significance of Metaplanet’s Consistent Bond Issuances

Earlier this year, the company’s Chief Executive Officer (CEO), Simon Gerovich, outlined long-term targets for Metaplanet. The goal entails amassing 10,000 BTC by the end of this year and 21,000 BTC by the end of 2026. Through bond issuances, Metaplanet has funded several Bitcoin procurements, underscoring the significance of the exercise.

In March, Metaplanet bought 1,115 BTC following consecutive weekly acquisitions. This month, the company has sustained its Bitcoin procurement momentum. On April 1, Metaplanet bought 696 Bitcoin for $69.7 million. The following day, the company spent $13.2 million to purchase 160 Bitcoins.

Japanese @Metaplanet_JP buys their biggest dip while you panicked. pic.twitter.com/GeIOm94krG

— MartyParty (@martypartymusic) April 5, 2025

On April 14, Crypto2Community reported that Metaplanet completed its third purchase this month. The company purchased 319 BTC for $26.3 million, increasing its total BTC holdings to about 4,525 tokens.

Metaplanet’s latest Bitcoin procurement implies that the company has acquired 1,175 BTC this month. This figure exceeded the entire amount of BTC Metaplanet purchased in March. Despite volatility concerns, Metaplanet’s consistent Bitcoin investment signifies strong faith in BTC as a sustainable store of value.

BTC Institutional Interest Spikes

In related news, institutional BTC interests have remained strong. In one of its most recent publications, Crypto2Community reported that Semler Scientific filed with the US Securities and Exchange Commission (SEC) to offer $500 million in securities. This capital will fund the company’s operations and expand its Bitcoin holdings.

On April 14, the largest corporate holder of Bitcoin, Strategy, announced that it purchased 3,459 Bitcoin for $285.8 million, expanding its token holdings to about 531,644 Bitcoin worth over $45 billion. Meanwhile, Bitcoin’s price is down 0.2% in the past 24 hours, trading at approximately $85,050. It has a market cap of $1.68 trillion and a 24-hour trading volume of $23.6 billion.