Metaplanet Issues $50M in Zero-Interest Bonds to Buy More Bitcoin
Bitcoin Magazine
Metaplanet is issuing ¥8 billion ($50 million) in zero-interest bonds to fund further Bitcoin acquisitions as part of its ongoing treasury strategy.Summary
Metaplanet has announced the issuance of ¥8 billion ($50 million) in zero-interest, unsecured bonds maturing in April 2027 to expand its Bitcoin holdings. The bonds were allocated to EVO FUND, a Cayman-based investor. This move continues the company's aggressive strategy to build a large Bitcoin treasury, aiming for 210,000 BTC by the end of 2027. Despite reporting a net loss for fiscal year 2025 due to valuation declines, the firm remains committed to its accumulation model, which mirrors strategies used by major U.S.-based firms.
(Source：Bitcoin Magazine)