Metaplanet has raised 2 billion yen ($13.3 million) through a zero-interest bond issuance to expand its Bitcoin (BTC) holdings, strengthening its commitment to the leading cryptocurrency as a strategic reserve asset.
Metaplanet Raises $13 Million in Zero-Yield Bonds to Expand Bitcoin Holdings
The newly issued ordinary bonds will be allocated exclusively to the Evo Fund, with an exit date set for August 26. The repayment will be supported by proceeds from the company's equity acquisition rights, providing financial security for investors.
Continue Bitcoin Investment Strategy
Metaplanet’s latest move is in line with its ongoing Bitcoin accumulation strategy, mirroring the approach adopted by large institutional players like Strategy. The firm views Bitcoin as a long-term store of value and is further integrating it into its financial strategy.
This latest zero-interest fundraising round signals growing institutional confidence in Bitcoin as a reserve asset, with Metaplanet doubling down on its crypto-focused investment thesis.
*This is not investment advice.