Metaplanet Issues Zero-Interest Bonds to Expand Bitcoin Holdings

Highlights:

• Metaplanet is set to issue ordinary bonds, which it will use to purchase more Bitcoin.
• The issued bonds carry no interest rates and will be redeemed in full at their face value.
• The company raised JPY 20.8 billion through stock acquisition rights in 2024. 

Metaplanet has announced plans to issue its 6th Series of Ordinary Bonds to EVO FUND. The total amount of the bond to be issued is JPY 4,000,000,000 and the face value for each bond is set at JPY 250,000,000. The company will redeem the issued bonds in full at their face value after they mature and they carry no interest rates. The company has scheduled the redemption date for August 12 and the bondholders can request for early redemption.

*Metaplanet to issue ¥4.0 Billion in Ordinary Bonds to Purchase Additional Bitcoin* pic.twitter.com/flJqnWR9lT

— Metaplanet Inc. (@Metaplanet_JP) February 10, 2025

 Metaplanet plans to use money from its 13th to 17th Series of Stock Acquisition Rights proceedings to pay off the bonds. The operational liquidity of Metaplanet will remain unaffected as the company adds Bitcoin to its holdings through this strategy. 

Metaplanet has designed the bonds with clear redemption terms. The company will redeem them at JPY 100 for every JPY 100 of face value. This financial framework provides both flexibility and predictable financial outcomes. The elimination of interest payments gives the company room to focus on growth by easing financial pressure.

Metaplanet Boosts Revenue and Becomes a Leading Bitcoin Holder

Metaplanet has achieved financial growth after it adopted Bitcoin as part of its business plan. The company has achieved the status of Asia’s biggest public Bitcoin holder and stands among the top 15 global Bitcoin holders. The firm has also acquired a total of 1,762 BTC which solidifies its position as a leading corporate Bitcoin holder. The stock price has also soared over 4,000% over the past year.

*Metaplanet Announces Q4 and Full Year 2024 Financial Results* pic.twitter.com/iX6SQnDk8f

— Metaplanet Inc. (@Metaplanet_JP) February 10, 2025

Metaplanet used BTC Yield as a key performance indicator to measure the percentage change in Bitcoin holdings relative to fully diluted shares. The company recorded a BTC Yield of 41.7% between July and September 2024. The yield rate rose to 309.82% between October and December of 2024. 

Metaplanet stabilized operations through both financial funding and business structure reform. The company raised JPY 20.8 billion through stock acquisition rights in 2024 to enhance its financial position. The Bitcoin reserves and the stable operations of the hotel boosted the overall performance of the company.

Metaplanet Charts Future Growth After Securing Financial Stability

The company plans to strengthen its finances and expand its Bitcoin investment holdings. As part of its strategic plan, Metaplanet aims to purchase 10,000 BTC by 2025 followed by an additional 11,000 BTC acquisition by 2026. The company plans to sustain the purchase of Bitcoin by issuing stock acquisition rights and bond instruments. In addition, Metaplanet aims to raise shareholder value through Bitcoin magazine Japan and the Bitcoin hotel projects.

Metaplanet has also removed its Going Concern note from the financial statements of the company. The company previously experienced ongoing fiscal challenges because losses and negative cash flow occurred repeatedly. Metaplanet strengthened its financial situation through restructuring programs and new business strategies.

*Notice on the Removal of “Going Concern” Note* pic.twitter.com/Sgi7FtxMvH

— Metaplanet Inc. (@Metaplanet_JP) February 10, 2025

Metaplanet raised approximately JPY 20.8 billion through the exercise of the 9th, 11th, and 12th Series Stock Acquisition Rights. As a result, the concern note is no longer needed because the condition has greatly improved and remains stable.