{"id":130211,"date":"2025-05-29T08:15:31","date_gmt":"2025-05-29T08:15:31","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=130211"},"modified":"2025-05-29T08:15:31","modified_gmt":"2025-05-29T08:15:31","slug":"metaplanet-issues-21m-in-bonds-to-buy-bitcoin-a-day-after-50m-raise","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=130211","title":{"rendered":"Metaplanet issues $21M in bonds to buy Bitcoin, a day after $50M raise"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsJapanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise, further accelerating its Bitcoin accumulation strategy.<br \/>\nThe 17th series of bonds, issued on May 29, comes with a face value of $525,000 each and will mature on Nov. 28, 2025. Unlike traditional debt instruments, these bonds yield no interest, allowing Metaplanet to borrow without additional repayment costs.<br \/>\nUnder the terms, Evo Fund is entitled to early redemption by giving at least five business days\u2019 notice. The bonds can be redeemed in full or in part, in multiples of $525,000.<br \/>\nMetaplanet may also trigger redemptions tied to future fundraising rounds involving the same investor, depending on cumulative payments.<br \/>\nThere is no collateral or guarantee attached to the bonds, and no bond administrator has been appointed, as permitted under Japanese corporate law. The company has designated its Tokyo office as the location for payment handling.<br \/>\nRelated: Metaplanet issues $50M in new debt to buy more Bitcoin<br \/>\nMetaplanet raised $135.2 million this year<br \/>\nMetaplanet has consistently tapped the debt market to fund Bitcoin (BTC) purchases, raising $25.9 million in February, $13.3 million in March and $25 million earlier in May.<br \/>\nThe company\u2019s stated goal is to hold 10,000 BTC by the end of 2025. With this week\u2019s back-to-back fundraising, total capital raised this year has reached $135.2 million.<br \/>\nSource: MetaplanetMetaplanet holds about 7,800 BTC, according to BitcoinTreasuries.NET, placing it at number 11 among the largest corporate Bitcoin holders. With holdings now valued at about $840 million, the company\u2019s average purchase price is $91,340 per Bitcoin.<br \/>\nIn March, the firm added 696 BTC through a combination of exercised cash-secured put options and premiums earned from selling those contracts. It was followed by another purchase of\u00a0145 BTC for $13.6 million\u00a0just before the end of April.<br \/>\nRelated: Metaplanet\u2019s Bitcoin \u2018premium\u2019 nears $600K per BTC<br \/>\nMetaplanet announces US subsidiary<br \/>\nOn May 1, Metaplanet announced\u00a0plans to launch a wholly owned US subsidiary, Metaplanet Treasury, based in Florida. The entity plans to raise up to $250 million to further its Bitcoin strategy and tap US capital markets.<br \/>\nThe company has also attracted notable figures. Eric Trump, son of former US President Donald Trump, joined the company\u2019s Strategic Advisory Board in March.<br \/>\nNotably, the corporate Bitcoin accumulation strategy is gaining momentum. On May 28, GameStop, the US video game and consumer electronics retailer, confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin.<br \/>\nMagazine: Move to Portugal to become a crypto digital nomad \u2014 Everybody else is<a href=\"https:\/\/cointelegraph.com\/news\/metaplanet-issues-21m-bonds-after-50m-bitcoin-raise?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsJapanese investment company Metaplanet issued $21 million in zero-interest bonds to Evo Fund, a Cayman Islands-based investment firm, just a day after announcing a separate $50 million raise,&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130211"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130211"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130211\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130211"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}