TLDR
- Metaplanet is issuing its ninth set of 0% bonds worth ¥2 billion ($13.35-13.4 million) to EVO FUND to buy additional Bitcoin.
- These bonds are scheduled for full redemption on September 17, 2025, but holders may choose to redeem early under certain conditions.
- Adding 150-162 BTC to its reserves, Metaplanet now holds between 3,050-3,200 BTC, valued at $251-265 million.
- Since April 2024, when its Bitcoin Treasury Operations took off, Metaplanet has been steadily acquiring BTC.
- Metaplanet ranks as the tenth-largest public entity holding Bitcoin, according to bitcointreasuries.net.
Tokyo's Metaplanet, an investment firm, has introduced its ninth series of 0% bonds directed to EVO FUND. The bond issue is ¥2 billion ($13.35-13.4 million), earmarked for Bitcoin purchases.
The bond issuance decision emerged from a board meeting and was subsequently announced. regulatory filing on March 18, 2025. This strategic move reinforces Metaplanet's status as one of the premier corporate holders of Bitcoin in Asia.
These zero-interest bonds come with the option for full redemption on September 17, 2025, at a metric of ¥100 for every ¥100 face value.
EVO FUND can opt for early redemption by notifying Metaplanet in writing one business day before the desired date.
EVO FUND enjoys the flexibility to redeem either a portion or all of the bonds at their convenience.
Proceeds for bond redemption will stem from Metaplanet's 14th to 17th Series of Stock Acquisition Rights, anticipated to be exercised before the redemption deadline.
The entirety of the bond issue has been allocated to EVO FUND without any attached guarantees or collateral.
Following the bond announcement, Metaplanet's share price saw a slight dip of nearly 0.5% to ¥4,030 per Google Finance data, hinting at a lukewarm market reaction.
Metaplanet has issued ¥2 billion in 0% ordinary bonds to enhance its Bitcoin reserves. $BTC * pic.twitter.com/RhXoSZD3bw
— Metaplanet Inc. (@Metaplanet_JP) March 18, 2025
Previously, on February 27, Metaplanet also issued such bonds to EVO FUND, aligning with a similar value of ¥2 billion (approximately $13.6 million at the time).
Metaplanet's Bitcoin reserves are on the rise.
Since April 2024, Metaplanet has been incrementally boosting its Bitcoin holdings, stemming from its Bitcoin Treasury Operations initiative.
In its latest transaction, Metaplanet purchased 150-162 BTC for $12.5-13.5 million, averaging a purchase price of about $83,123 per coin.
With the new acquisition, Metaplanet's Bitcoin stash now ranges between 3,050 and 3,200 BTC, valued at $251-265 million. Bitcoin As noted by bitcointreasuries.net, Metaplanet is now among the top ten public companies with significant Bitcoin holdings.
The firm appears to capitalize on the recent Bitcoin price correction, now trading around $83,300, 24% below its January 2025 peak.
Metaplanet reassured shareholders in a recent notice that the bond issue is unlikely to greatly impact its fiscal results for the year ending December 2025, suggesting a long-term investment outlook. of Bitcoin’s The investment company steadily reaffirms its faith in Bitcoin as a treasury asset, with repeated bond issuances reflecting a clear strategy for gradual cryptocurrency accumulation.
Maisie, with extensive experience in Crypto & Financial journalism, contributed to multiple outlets and serves as Editor in Chief at Blockfresh.com.
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