Japan’s investment firm Metaplanet has released $ 13.6 million in 0% ordinary bonds for the purchase of additional bitcoins.
Tokyo-list firm Metaplanet released Evo Fund 2 billion JPY (about 13.6 million dollars) in bonds, aims to buy more bitcoins (BTCs) as part of the firm’s ongoing strategy to increase its holdings in digital assets.
In 27 February Regulator filingMetaplanet said that Bond does not charge any interest and will be redeemed on August 26 at an inscribed price. However, the Bondholder, the EVO fund has an option to request early redemption at any time. The initial redemption can be done for all or part of the outstanding bonds, provided that the request is made at least one commercial day in advance, reading the document.
The money required for the redemption of the bond will come from the income of the 13th to 17th series of stock acquisition rights, which Metaplanet has expected to exercise. If these exercises reach many of 50 million jPY, the part of the bond can be redeemed quickly.
According to the document, issuance of bond issuance will not be guaranteed to issue bonds, with any guarantee or collateral bond. Despite this news, Metaplanett shares have fallen by about 25% as Crypto prices have a week’s fall.
Metaplanet added 135 BTC to his treasury, two days after Japan’s most active corporate bitcoin investors strengthened their position.
Like a strategy -East Microstrati -, which owns the largest corporate bitcoin trappers, Metaplanet is slowly increasing its holding since starting its bitcoin treasury operations. As Crypto.news had previously reported, the firm’s BTC yield, which measures the amount of bitcoin per share, has increased by 309.8% in Q4 2024. However, it has slowed down by 23.2% in early 2025 as Metaplanet has increased its number of shares.
