Metaplanet Announces $13.3M in 0% Bonds to Acquire More BTC

Highlights:

• Metaplanet has announced its 10th series of Ordinary Bonds Issuance.
• The company plans to raise $13.3 million from the issuance to expand its Bitcoin holdings.
• Gerovich reacted to the announcement, saying that Metaplanet capitalized on Bitcoin’s dip.

In a March 31 tweet, Japanese crypto investment firm Metaplanet announced the issuance of its 10th series of Ordinary Bonds. The company plans to raise $13.3 million from this latest issuance and expand its Bitcoin holdings with the proceeds.

Bond Structure Details

According to the announcement, Metaplanet’s bonds will carry 0% interest rates. Investors will pay approximately $333,194.50 per bond, redeemable at 100% face value. In the tweet, Metaplanet set September 30, 2025, as the redemption date. Early redemption is possible if proceeds from stock acquisition rights (series 14 – 17) reach multiples of $333,194.50.

Before Metaplanet approves early redemption, the Bond Holder, the EVO FUND, must submit a request with one day’s notice. Metaplanet added that it allocated the entire issuance to EVO FUND, highlighting a strategic investment plan and growing institutional interest in Bitcoin as a sustainable store of value.

Beyond offering its bonds at fixed prices, the Japanese company warned that they lacked collateral, making them unsecured. Metaplanet also noted that, following the Companies Act (Article 702), it will not employ the services of a bond administrator. In addition, the company said it expects minimal financial implications from the issuance, adding that it will inform shareholders if significant changes occur.

*Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ZrC5plI1Nc

— Metaplanet Inc. (@Metaplanet_JP) March 31, 2025

Metaplanet Aims to Meet Long-term Target with Consistent Bond Issuance

Earlier this year, Metaplanet’s Chief Executive Officer, Simon Gerovich, announced long-term goals for the firm. The CEO said that the company plans to expand its Bitcoin holdings to 10,000 by the end of this year and 21,000 by the end of 2026. Since then, Metaplanet has intensified its Bitcoin acquisition and fundraising efforts via bond issuance.

In March alone, Metaplanet announced three bond issuances, raising $13.3 million from each offering. The company also completed five different Bitcoin acquisitions this month. Metaplanet currently holds 3,350 BTC, implying it must purchase an additional 6,650 BTC to meet its 2025 target.

Metaplanet Capitalized on Bitcoin’s Dip

Gerovich reacted to the company’s latest bond issuance. The CEO tweeted that the company is buying the dip, highlighting Bitcoin’s recent price struggles and the desire to capitalize on it. At the time of press, Bitcoin is down 1% in the past 24 hours, trading at about $82,100.

押し目買い！
Buying the dip! https://t.co/nOIQrAveap

— Simon Gerovich (@gerovich) March 31, 2025

Bitcoin’s other extended period price change variables reflected declines. BTC dropped 5.5% 7-day-to-date to date 1.6% 14-day-to-date, and 4.7% month-to-date. It has a market capitalization of approximately $1.6 trillion. Despite the declines, Bitcoin’s 24-hour trading volume spiked slightly by 3.9% to $17.69 billion.

Metaplanet Boasts Highest Holding Ratio in Australia’s Betashares

In a separate tweet, Gerovic announced that Metaplanet joined Betashares Crypto Innovators Exchange Traded Fund (ETF). He added that the company currently has the highest holding ratio of 15.5%. According to Gerovich, Betashares is an Australian firm with over $50 billion in assets under management.

Aside from Metaplanent, Betashares provides investment opportunities to leading companies like Strategy and Coinbase. “We are pleased to see growing interest from institutional investors and are honored now to be able to provide Australians with access to our Bitcoin first strategy via the Australian Securities Exchange (ASX),” Gerovich noted.

メタプラネットは @BetaShares の「Crypto Innovators ETF（$CRYP）」に組み入れられ、現在は組入比率トップの15.5%となっています 🇦🇺

BetaSharesは運用資産5兆円超を誇り、CRYPはStrategyやCoinbase、そして私たちメタプラネットのようなグローバルリーダーへの投資機会を提供しています。… pic.twitter.com/B5SCEf1gE7

— Simon Gerovich (@gerovich) March 31, 2025