Metaplanet Issues ¥3.6B Bonds to Expand Bitcoin Holdings
Metaplanet Inc. (TSE: 3350) issued ¥3.6 billion ($24.8 million) of bonds to deepen its bitcoin (BTC) position after the firm exceeded 5,000 BTC in its crypto treasury.
An official company statement verifies that EVO FUND completely purchased the entire bond issuance as part of its private investment activities.
The issued bonds will not provide interest payments before they are redeemed at face value on October 31, 2025. Bondholders may request repayment before the stated date.
Metaplanet Stock Soars 8.6% Amid Bitcoin Strategy
The company declared that bond proceeds are exclusively directed to purchase additional bitcoin since they follow the bitcoin-buying plan established as part of its published financial strategy in early 2022.
The firm outlined a stock acquisition rights program that would strengthen its BTC core asset strategy. The company plans to pay the bonds by selling stock acquisition rights to generate capital.
This strategy depends strongly on investors who have interest in Metaplanet’s equity-linked financial instruments. Metaplanet stated that if stock acquisition rights funding exceeds specified thresholds, it will start making early deductions on the bonds.
Metaplanet stock demonstrated strong market acceptance through its most recent trading session where it finished at 428 yen, which represented an 8.6% growth. The firm’s aggressive crypto-focused financial approach receives optimistic signals from investors as indicated by share price activity.
By adopting this strategy, Metaplanet has reinforced its standing as a member of a small club of publicly traded firms worldwide using bitcoin as a treasury reserve asset.
This strategic move demonstrates how Japanese investment strategies are merging conventional corporate finance with digital assets as the country’s business sector evolves.