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The Coin Rise 2025-05-29 13:50:55

Metaplanet Issues $21M in Zero-Interest Bonds to Fuel Bitcoin Accumulation

Metaplanet has issued $21 million worth of zero-interest bonds to Evo Fund, a Cayman Islands-based investment company, intensifying its aggressive Bitcoin acquisition strategy. The issuance, announced on May 29, came just a day after the company revealed a separate $50 million capital raise, signaling the company’s commitment to becoming one of the world’s largest corporate BTC holders. The new bonds, classified as the 17th series, carry a face value of $525,000 each and mature on November 28, 2025. Unlike typical debt instruments, these bonds carry no interest, allowing Metaplanet to raise capital without incurring additional repayment costs. Evo Fund has the right to early redemption with at least five business days’ notice, and redemptions can be made in full or in multiples of $525,000. Metaplanet may also initiate early redemptions under specific conditions, particularly if future fundraising rounds involve the same investor. As per Japanese corporate law, no collateral or bond administrator is required for this issuance, and payments will be handled from the firm’s Tokyo office. Bitcoin Ambitions Intensify with $135M Raised in 2024 The $21 million raise adds to a rapidly growing pool of capital Metaplanet is deploying toward Bitcoin. Since the start of the year, the company has raised a total of $135.2 million through various bond sales—$25.9 million in February, $13.3 million in March, and $25 million earlier in May. Metaplanet now holds approximately 7,800 BTC , according to BitcoinTreasuries.NET, making it the 11th-largest corporate holder globally. Its current BTC holdings are valued around $840 million, with an average purchase price of $91,340 per BTC. The firm aims to reach 10,000 BTC by the end of 2025, a goal it is fast approaching with consistent capital injections and strategic purchases. In March, the company secured 696 BTC through exercised cash-secured put options, supplemented by premiums earned from selling contracts. This was followed by another purchase of 145 BTC for $13.6 million in late April. Expanding to the U.S. and Gaining Political Attention On May 1, the company announced it will launch a U.S.-based subsidiary, Metaplanet Treasury, headquartered in Florida. This new entity plans to raise up to $250 million, giving the company access to U.S. capital markets and enabling further Bitcoin purchases. Adding to its high-profile strategy, Eric Trump, son of the U.S. President Donald Trump, joined Metaplanet’s Strategic Advisory Board in March . The broader trend of corporate BTC adoption is gaining momentum as well—on May 28, GameStop confirmed its own entry into the Bitcoin space with a 4,710 BTC investment. The post Metaplanet Issues $21M in Zero-Interest Bonds to Fuel Bitcoin Accumulation appeared first on TheCoinrise.com .

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