Metaplanet Prepares To Buy BTC Dip; Issues $13.3M Worth of Ordinary Bonds With 0% Interest

Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.

Feb 27, 2025, 8:51 a.m. UTC

What to know:

Metaplanet Inc (3350) is seeking to raise another 2 billion Yen ($13.3 million) by selling additional ordinary bonds with a 0% interest.

The funds will be used to buy more bitcoin (BTC), aligning with the company's strategic investment plan.

The bond issuance is exclusively allocated to Evo Fund, with redemption scheduled for Aug. 26.

The redemption is backed by proceeds from the company’s stock acquisition rights. Metaplanet’s latest move underscores its commitment to bitcoin as a reserve asset, further strengthening its financial strategy.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

James Van Straten

James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin's role within the broader financial system. In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR).

CoinDesk Bot

“CoinDesk Bot” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy here.