Metaplanet to Raise 2 Billion Yen Through Bond Issuance for Bitcoin Purchase

Metaplanet, a publicly traded entity in Japan, disclosed on February 27 its plans to issue a seventh series of ordinary bonds targeting EVO FUND. This initiative aims to raise a substantial 2 billion yen, facilitating the acquisition of Bitcoin. The bonds in question are classified as zero-coupon bonds, each bearing a face value of 50 million yen. Investors can expect the bonds to be fully redeemable by August 26, 2025, with early redemption options available for bondholders. This strategic financial maneuver underscores Metaplanet’s commitment to integrating cryptocurrency into its investment portfolio, marking a notable shift in corporate treasury management within traditional markets. As the demand for digital assets grows, such bond issuances reflect a broader trend of institutional adoption of cryptocurrencies, providing potential stability and growth in uncertain economic climates.