Share this article
Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin
Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.
Updated Feb 27, 2025, 2:42 p.m. Published Feb 27, 2025, 8:51 a.m.
Make us preferred on Google
What to know:
- Metaplanet is raising 2 billion yen ($13.3 million) selling 0% interest bonds to buy more bitcoin, reinforcing its investment strategy.
- The bond issuance is exclusively allocated to Evo Fund, with redemption set for Aug. 26, backed by stock acquisition rights proceeds.
Metaplanet Inc (3350) is seeking to raise another 2 billion Yen ($13.3 million) by selling additional ordinary bonds with a 0% interest.
The funds will be used to buy more bitcoin , aligning with the company's strategic investment plan.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The bond issuance is exclusively allocated to Evo Fund, with redemption scheduled for Aug. 26.
The redemption is backed by proceeds from the company’s stock acquisition rights. Metaplanet’s latest move underscores its commitment to bitcoin as a reserve asset, further strengthening its financial strategy.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
UPDATE (Feb. 27, 14:34 UTC): Adds bullet points
More For You
Accelerating Convergence Between Traditional and On-Chain Finance in 2026?
Commissioned bySociete Generale-FORGE
More For You
Coinbase misses Q4 estimates as transaction revenue falls below $1 billion
"Crypto is cyclical, and experience tells us it’s never as good, or as bad as it seems," said the company.
What to know:
- Crypto exchange Coinbase reported a fourth quarter earnings miss.
- Transaction revenue of $982.7 million was down from $1.046 billion the previous quarter and $1.556 billion in the fourth quarter one year ago.
- In the first quarter of 2026 through Feb. 10, the company has seen about $420 million in transaction revenue.
- Shares were modestly higher in after-hours trade, though remaining down about 40% year-to-date.
Top Stories
