TL;DR
- Tokyo-based Metaplanet issued bonds worth 3.6 billion yen (around $23 million) to boost its Bitcoin holdings, reinforcing its crypto-focused strategy.
- EVO FUND acquired the entire issuance.
- The bonds, which carry no interest, will be redeemed in October 2025 but could be paid off early if certain stock acquisition rights are exercised.
Metaplanet Inc., the renowned Japanese firm, has officially announced the issuance of its 12th Series of Ordinary Bonds, worth approximately $23.23 million. This move is part of its ambitious plan to expand its Bitcoin portfolio, reinforcing its bet on digital assets as a strategic hedge against inflation and global financial volatility.
The company, well-known for reinventing itself after its roots in the hotel sector, has allocated these funds exclusively for Bitcoin acquisition, further supporting the growing trend of institutional adoption in Japan. The bonds, fully purchased by EVO FUND, will bear no interest and are scheduled for redemption in October 2025, although early repayment is possible if proceeds from stock acquisition rights exceed the value of a single bond. Notably, this issuance has no collateral, making it a bold and innovative financial move in today’s market.
Institutional Growth In The Crypto Ecosystem
The backing from EVO FUND demonstrates institutional confidence in Metaplanet’s crypto-focused approach. Japan, known for its advanced crypto regulatory framework, is positioning itself as a hub for such strategies, further strengthening Bitcoin’s legitimacy in traditional markets. Meanwhile, Metaplanet expects that this issuance will not have a significant impact on its financial results for 2025, though it has pledged to issue timely updates in case of any material developments.
Bitcoin As A Hedge Against Inflation
Metaplanet’s interest in Bitcoin is not isolated. Companies like MicroStrategy and Tesla have inspired firms worldwide to explore cryptocurrencies as a store of value. With Bitcoin’s recent bullish movements and a globally growing optimistic community, Metaplanet aims to seize this opportunity to solidify its position. The company’s shares rose 8.6%, reaching 428 yen, reflecting the market’s enthusiasm for its pro-Bitcoin vision.
In addition, local analysts highlight that this strategy may attract other Japanese investors, especially at a time when inflation threatens traditional purchasing power. The move into Bitcoin not only diversifies Metaplanet’s portfolio but could also set a precedent for other Japanese companies seeking innovation in their treasury reserves. Some experts anticipate that if this trend continues, Japan could emerge as a regional leader in corporate crypto adoption, strengthening its position in the global ecosystem.
