Metaplanet Raises $50M in Zero-Interest Bonds to Buy Bitcoin
Cointelegraph
Tokyo-listed Metaplanet has raised 8 billion yen ($50 million) via zero-interest bonds to fund further Bitcoin acquisitions.Summary
Tokyo-based investment firm Metaplanet has issued 8 billion yen ($50 million) in zero-interest, unsecured bonds to EVO FUND. The capital is designated for expanding the company’s Bitcoin treasury, a strategy that aligns with its goal of accumulating digital assets through debt financing.
The bonds mature in April 2027 and allow for early redemption under specific conditions. This move reinforces Metaplanet’s position as a major corporate holder of Bitcoin in Asia, mirroring the balance sheet strategies often associated with U.S.-based MicroStrategy. Despite market volatility, the company continues its aggressive accumulation of BTC, which it views as a core treasury asset.
(Source：Cointelegraph)