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Metaplanet issues interest-free bonds to expand its Bitcoin holdings and drive growth.
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Zero interest bonds reduce short-term financial stress while boosting long-term Bitcoin investments.
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Metaplanet has acquired 1,142 BTC worth $122.67 million since April 2024.
Tokyo-listed company Metaplanet has announced plans to issue ordinary bonds worth 4.5 billion yen (approximately $30 million) to accelerate its Bitcoin purchases. This move is part of Metaplanet’s broader strategy, which reflects MicroStrategy’s focus on accumulating Bitcoin as a key asset.
Zero interest bonds with a clear purpose
The newly issued fourth series of ordinary bonds have a zero interest rate, making them a smart choice for Metaplanet’s financial plans. These bonds will mature on June 16, 2025, giving the company enough time to carry out its Bitcoin purchasing strategy.
*Metaplanet to issue 4.5 billion yen in Ordinary Bonds to Accelerate Bitcoin Purchases; Repayment to be made from Warrant Exercise Proceeds* pic.twitter.com/oS93rD7uXk
— Metaplanet Inc. (@Metaplanet_JP) December 17, 2024
What stands out is Metaplanet’s plan to redeem these bonds using funds raised from previously issued warrants. This ensures a clear and structured way of managing your financial obligations without additional pressures.
By choosing interest-free bonds, Metaplanet is reducing its short-term financial burden while focusing on long-term growth. This innovative approach reflects the company’s confidence in the potential growth of Bitcoin, which currently has a market capitalization of $2.12 trillion.
Secure payment plan
To ensure trust among investors, Metaplanet has adopted a structured payment approach. The company plans to use the proceeds from warrant exercises to repay these bonds. By recycling its capital in this way, Metaplanet shows its ability to balance financial innovation with responsibility.
This method not only protects bondholders, but also highlights the company’s focus on sustainable capital management.
Ongoing issuance of Metaplanet bonds for Bitcoin
However, this is not the first time that Metaplanet has issued a bond of this type. In its previous decision, Metaplanet announced the issuance of one-year ordinary bonds worth 1.75 billion yen ($11.3 million) at an annual interest rate of 0.36%.
The entire amount raised was dedicated to acquiring Bitcoin, highlighting the company’s clear strategy to strengthen its BTC reserves.
However, Metaplanet began its Bitcoin buying journey in April of this year, positioning it as a hedge against Japan’s growing debt problems and yen volatility. So far, the company has purchased 1,142 BTC, which is currently valued at around $122.67 million.
