Another issuance of corporate bonds adds up to a total of 3.6 billion yen.
Metaplanet Inc. (Tokyo Stock Exchange Standard Market Code 3350) officially announced on May 2, 2025, that the board of directors has resolved to issue a total of 3.6 billion yen in 'the 12th ordinary corporate bond.' This bond is fully subscribed by EVO FUND and payment will be completed on the same day.
The face value of each bond issued this time is 90 million yen, totaling 40 bonds, scheduled for redemption on October 31, 2025. Unlike ordinary corporate bonds, this bond does not pay interest, is unsecured, and does not require the appointment of a bond manager, indicating a high level of trust in the collaboration between Metaplanet and EVO FUND.
The purpose of the funds is clear: to continue increasing Bitcoin holdings.
According to the announcement, the funds raised from this corporate bond will be used as stated in the company's announcement on January 28 (regarding the issuance and purchase agreement of new stock options from the 13th to the 17th), and will be fully allocated to purchasing Bitcoin.
This means that Metaplanet is continuing its strategic deployment, utilizing bonds and new stock options as sources of funding to accelerate the expansion of its Bitcoin asset holdings. This aggressive operation is rare among publicly listed companies in Japan and further reinforces its corporate positioning as 'Bitcoin assetization.'
The redemption mechanism is flexible and linked to new stock options.
According to the announcement, although the bond is expected to be redeemed at the end of October, EVO FUND has the right to request full or partial redemption early, simply by providing written notice one business day before the scheduled date.
Additionally, Metaplanet can proactively redeem the bond early if conditions are met. When the cumulative amount from exercising the new stock options from the 15th to the 17th reaches an integer multiple of 90 million yen, after deducting the portion already used for early redemption, the company can redeem on the next business day or on a date agreed upon by both parties. This design increases the flexibility of fund usage and creates potential exit opportunities for investors.
The impact on financial reports is limited, but continuous observation is still necessary.
Metaplanet indicates that this bond issuance will have a slight impact on the consolidated financial statements for the fiscal year 2025. However, if there are significant changes in the future due to market fluctuations or company operations, timely announcements will be made as required. This statement reveals the company's confidence in risk management regarding this move and highlights its prudent attitude towards investor interests while expanding its Bitcoin assets.
Metaplanet is at the forefront of Bitcoin corporatization.
From the continuous issuance of new stock options to the current targeted corporate bond operations, Metaplanet has demonstrated an unprecedented determination to expand its Bitcoin holdings. This action of fully investing 3.6 billion yen into crypto assets once again positions it as one of the most strategically cryptocurrency-oriented representatives among publicly listed companies in Japan.
For investors optimistic about the long-term value of Bitcoin, Metaplanet's actions may be worth watching. Whether there will be more similar operations or expansion into other blockchain assets in the future has become a key point for market observation.
This article announces that Metaplanet is making another move! They are issuing the 12th interest-free corporate bond, with all funds invested in Bitcoin purchases. This was first reported by Chain News ABMedia.
