Japanese investment company Metaplanet is furthering its crypto strategy with yet another fundraising round, specifically aimed at bolstering its Bitcoin holdings. The company is issuing the 14th Series of Ordinary Bonds to EVO FUND.
The resolution was made during the May 9, 2025, Board of Directors meeting. The bonds, which amount to USD 21.25 million, will serve to augment the Bitcoin holdings of Metaplanet.
Metaplanet is emphasizing its new focus on cryptocurrencies. The capital raised would go towards acquiring Bitcoin, a measure declared in an earlier announcement dated January 2025 about stock acquisition rights.
Metaplanet’s $21M Bitcoin bonds allow early exit
The company will use the funds from its 15th and 16th Series of Stock Acquisition Rights to provide liquidity for redemption purposes. The terms of such 14th Series of Bonds are USD 625,000 each, with an overall total of USD 21.25 million.
These are not interest-bearing bonds, meaning they do not pay periodic interest or coupon payments to the bondholder. Instead, the issuer has agreed to redeem them at a value of USD 1 for every USD 1 of face value when the bonds reach maturity. The bondholders will receive the full principal amount of their investment on the maturity date, set for November 7, 2025.
Issuers typically use this structure for short-term funding needs and offer a straightforward, no-interest approach for both themselves and investors. The bondholder, however, can demand early redemption upon notice. The company may redeem the bonds prematurely under certain stock acquisition rights.
Metaplanet issues Bitcoin bonds with no collateral
The things are unsecured and have no guarantees. All of the issue goes to EVO FUND, and there is no administrator of the bonds, according to the requirements of Japanese corporation legislation. Metaplanet’s Tokyo office carries out payment processing.
Metaplanet anticipates this issuance of bonds to have little or no material impact on its annual financial performance as of December 2025. The company pledged to make announcements in case there are any material alterations in the company’s performance.
This issuance of bonds represents yet another major step in the crypto investment plan of Metaplanet, which is attracting interest in the space.
