MetaPlanet issues $15 million in interest-free corporate bonds, and the funds will be used to purchase Bitcoin.

MetaPlanet Co., Ltd. (Tokyo Stock Exchange Standard Market, Stock Code: 3350) today announced that the board of directors has resolved to issue a total of 15 million USD of the 15th unsecured ordinary corporate bond to EVO FUND. The company stated that the funds raised will be primarily used to purchase Bitcoin, demonstrating its clear investment intention in the field of encryption assets.

Overview of Conditions for Issuance of Zero-Interest Corporate Bonds

The company bonds issued this time are interest-free, with a unit face value of 375,000 USD. The issuance date is May 13, 2025, and the expected repayment date is November 12 of the same year. Although they do not carry interest, they will be repaid in full at face value, meaning 1 USD will be repaid for each 1 USD.

All bonds will be subscribed by EVO FUND and are not publicly offered to general investors. This issuance does not set a guarantor or collateral, nor is there a bond manager established.

Flexible repayment mechanism: supports early repayment options

As a creditor, EVO FUND may choose to repay in advance if needed, and must notify MetaPlanet in writing one business day before the desired early repayment date. In addition, the company has set conditions that when the 15th and 16th new stock subscription rights it issues are exercised and generate corresponding cash inflows, it may also repay the bonds in advance proportionally.

Clear purpose of funds: increase investment in Bitcoin

According to the announcement issued by the company on January 28, 2025, the funds raised will be primarily used to purchase Bitcoin. This corporate bond issuance is consistent with that announcement, demonstrating the company's long-term optimism and investment commitment to the encryption asset market.

The source of repayment funds is expected to be supported by the proceeds from the exercise of the new share subscription rights in the 15th and 16th rounds.

Not much impact on this year's financial report.

MetaPlanet estimates that the impact of this corporate bond issuance on its consolidated financial performance for the period ending December 2025 will be "slight." If there are significant changes to the performance in the future, the company stated that it will promptly announce relevant information.

(Metaplanet buys Bitcoin again: holding amount exceeds 6,700 coins, total value over 90.1 billion yen!)

This article states that MetaPlanet issued 15 million USD interest-free corporate bonds, and the funds will be used to purchase Bitcoin, first reported by Chain News ABMedia.