Metaplanet Issues $21 Million in Bonds to Increase Bitcoin Holdings

By: coindoo|2025/05/09 22:45:05
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The proceeds will be used to acquire additional Bitcoin, marking another major step in the company’s digital asset investment strategy.Strategic Allocation Toward BitcoinThe funds raised from the bond issuance will be entirely allocated to the purchase of Bitcoin, further strengthening Metaplanet’s exposure to the leading cryptocurrency. This move aligns with the company’s long-term view of Bitcoin as a valuable treasury reserve asset.Bond DetailsBond Name: Metaplanet Inc. 14th Series of Ordinary BondsTotal Issuance: $21,250,000Face Value per Bond: $625,000Interest Rate: Zero coupon (no interest)Redemption Value: $1 per $1 face valuePayment Date: May 8, 2025Redemption Date: November 7, 2025Subscriber: Entire issuance allocated to EVO FUND .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Bitcoin Could Be Leading Global Monetary Trends, Says Analyst Redemption Terms and FlexibilityBondholders may request early redemption of all or part of the outstanding bonds by notifying the company at least one business day before the desired date. Additionally, Metaplanet reserves the right to redeem bonds early if proceeds from stock acquisition rights exceed predefined thresholds.Strengthening Position in Digital AssetsThis issuance follows earlier disclosures on Metaplanet’s strategic realignment, reflecting a growing institutional shift toward Bitcoin amid global economic uncertainty. The company continues to evaluate innovative ways to integrate digital assets into its capital strategy.The post Metaplanet Issues $21 Million in Bonds to Increase Bitcoin Holdings appeared first on Coindoo.

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