Metaplanet issuance Eighth Tranche of Ordinary Corporate Bonds: 2 billion yen will be used for BTC investment

Japanese listed company Metaplanet Inc. announced that, according to the board resolution on March 12, 2025, the company will issue the 8th tranche of ordinary corporate bonds to EVO FUND, with a total amount of 2 billion yen. The funds raised this time will be specifically used to purchase Bitcoin, demonstrating Metaplanet's long-term strategic layout in the encryption asset field.

issuance details: interest-free bonds, total amount of 2 billion Japanese yen

The main issuance conditions of this bond are as follows:

issuance name: Metaplanet Inc. Eighth Senior Unsecured Bonds

issuance Total Amount: 2 billion Japanese Yen

Each denomination: 50 million yen

Interest rate: 0% (interest-free bond)

issuance date: March 12, 2025

Expected redemption date: September 11, 2025

Redemption amount: redeem at a face value of 100 Japanese yen for 100 Japanese yen

The bond will be fully allocated to EVO FUND, without any guarantee, collateral, or the establishment of a bond trustee.

Early redemption mechanism: linked with the exercise of stock acquisition rights

Metaplanet has incorporated a flexible early redemption mechanism into the terms. Bondholders of EVO FUND can apply for full or partial redemption in advance, with just one working day's advance written notice.

In addition, the company can also proactively carry out partial redemptions based on the exercise status of the stock acquisition rights. If the 14th to 17th series of stock acquisition rights announced on January 28, 2025 are exercised, and the accumulated funds obtained by the company reach multiples of 50 million yen, the company can redeem bonds in the same amount.

Funds Usage: BTC purchasing plan further expanded

The 2 billion Japanese yen raised in this bond issuance will be used to purchase Bitcoin. This is consistent with Metaplanet's earlier announcement, as the company plans to continue increasing its BTC holdings as part of its asset allocation strategy to hedge market risks and seek long-term appreciation opportunities.

Future impact: limited impact on financial statements

Metaplanet is expected that the current issuance will have limited impact on the consolidated financial statements for the 2025 fiscal year. However, if there is a significant impact on the performance in the future, the company will timely announce it.

This article Metaplanet issuance eighth ordinary corporate bonds: 2 billion yen will be used for BTC investment first appeared in Chain News ABMedia.