Metaplanet Sells $25 Million in Bonds to Expand Bitcoin Holdings

By: coinspeaker|2025/05/02 12:30:01
0
Share
copy
CoinspeakerMetaplanet Sells $25 Million in Bonds to Expand Bitcoin HoldingsJapanese investment firm, Metaplanet, announced that it was issuing bonds worth 3.6 billion yen (around $24.8 million) to buy additional Bitcoin. This follows a meeting of Metaplanet’s Board of Directors on May 2, 2025, where they discussed issuing the 12th Series of Ordinary Bonds to the bondholder, EVO FUND.The bonds are set to be repaid at their nominal value on the maturity date of October 31, 2025. However, the bondholder has the option to request early redemption, either in full or in part, by submitting a written notice to Metaplanet no later than one business day prior to the desired redemption date.Metaplanet plans to use the funds raised from the bond issuance to expand its Bitcoin holdings and work towards its ambitious goal of accumulating 100,000 BTC by the end of the year. Currently, the firm has surpassed the 5,000 BTC milestone.In a notice issued by Metaplanet, the company indicated that the funds for redeeming these bonds are expected to come from the proceeds generated through the exercise of the 15th to 17th series of stock acquisition rights. This provision means that the bond’s redemption will depend on investor demand for Metaplanet’s equity-linked securities. If the proceeds from these rights exceed the specified thresholds, Metaplanet may choose to initiate partial early bond repayments. In the most recent trading session, Metaplanet’s shares closed at 428 yen, reflecting an 8.6% increase.As of the time of reporting, Metaplanet has not disclosed whether the funds raised from the bond issuance have been used to purchase additional Bitcoin units.Metaplanet’s Quest to Change the BTC EcosystemRecently, Metaplanet announced the addition of David Bailey, the CEO of BTC Inc., to its advisory board. This move is part of the company’s strategy to drive Bitcoin adoption and solidify its position as a leading player in the Bitcoin ecosystem.On April 14, Metaplanet confirmed that it had acquired an additional 145 Bitcoin units for $13.6 million at the time of purchase.The growing trend of companies increasing their Bitcoin holdings is becoming more evident by the day. Semler Scientific, for example, recently acquired 165 Bitcoin for $15.7 million between April 25 and 29, bringing its total holdings to 3,467 BTC.This reflects a broader pattern of companies diversifying into Bitcoin, further cementing the cryptocurrency’s presence in institutional investment portfolios.nextMetaplanet Sells $25 Million in Bonds to Expand Bitcoin Holdings

-- Price

--

You may also like

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com