Metaplanet strikes again! Issuing the 12th zero-interest corporate bond, with all funds invested in Bitcoin purchases.

The issuance of corporate bonds adds another entry, totaling 3.6 billion yen.

Metaplanet Inc. (Tokyo Stock Exchange Standard Market Code 3350) officially announced on May 2, 2025, that it has been resolved by the board of directors to issue a total amount of 3.6 billion yen of the "12th Ordinary Corporate Bonds." This bond will be fully subscribed by EVO FUND and payment will be completed on the same day.

The face value of each bond in this issuance is 90 million yen, with a total of 40 bonds issued, scheduled for redemption on October 31, 2025. Unlike regular corporate bonds, this bond does not pay interest, is designed to be unsecured and without a guarantor, and does not require the appointment of a bond manager, demonstrating the high level of trust and cooperation between Metaplanet and EVO FUND.

Clear use of funds: Continue to increase investment in Bitcoin

According to the announcement, the purpose of the funds raised from this corporate bond issuance is consistent with the announcement titled "Signing of the 13th to 17th New Stock Subscription Rights Issuance and Purchase Agreement" published by the company on January 28, and will be used entirely for the purchase of Bitcoin.

This means that Metaplanet is continuing its strategic deployment, using bonds and new stock subscription rights as a source of funding to accelerate the expansion of its Bitcoin asset position. This is a rare aggressive operation among publicly listed companies in Japan and further reinforces its corporate positioning of "Bitcoin assetization."

The redemption mechanism is flexible and linked to the new share subscription.

According to the announcement, although the bond is expected to mature and be redeemed at the end of October, EVO FUND has the right to request full or partial redemption in advance, provided that a written notice is submitted one business day before the scheduled date.

In addition, Metaplanet can also actively redeem in advance when conditions are met. When the cumulative amount obtained from the exercise of the subscription rights for the new shares from the 15th to the 17th round, after deducting the portion used for early redemption, reaches an integer multiple of 90 million yen, 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 the financial report is limited, but continuous observation is still necessary.

Metaplanet indicates that this bond issuance will have a minimal estimated impact on the consolidated financial statements for the fiscal year 2025. However, if significant changes occur in the future due to market fluctuations or company operations, timely announcements will still be made in accordance with regulations. This statement reveals the company's confidence in risk management regarding this action, and also highlights its cautious attitude towards investors' rights while expanding its Bitcoin assets.

Metaplanet is at the forefront of the Bitcoin enterprise.

From the continuous issuance of new stock subscription rights to the current targeted corporate bond operations, Metaplanet has demonstrated an unprecedented determination for Bitcoin expansion. This move to fully invest 3.6 billion yen in crypto assets once again positions it as one of the most strategically cryptocurrency-oriented representatives among publicly listed companies in Japan.

For investors who are optimistic about the long-term value of Bitcoin, Metaplanet's actions may be worth noting. Whether there will be more similar operations or expansions into other blockchain assets in the future has also become a key point of market observation.

This article Metaplanet is making another move! Issuance of the 12th interest-free corporate bond, with all funds invested in purchasing Bitcoin, first appeared in Chain News ABMedia.