On the 27th (local time), Metaplanet officially announced that it had issued 0% general bonds worth 2 billion yen in order to increase its bitcoin holdings. This is the first in a series of bitcoin transactions that began in May 2024.
This is an extension of the coin buying activity and the seventh bond issuance aimed at buying Bitcoin. Metaplanet will issue a total of 40 general bonds, each with a face value of 50 million yen.
These bonds are non-interest bearing and are scheduled to be fully redeemed on August 26, 2025. The funds for the bonds will be used by Metaplanet's Bitcoin-only investment fund, EvoFund.
(Evo Fund). Meanwhile, Metaplanet purchased Bitcoin from May 13th to the 17th, 2024, and the 619.7% purchase was made on December 20th, 2024.
The purchase of BTC was the largest transaction. To date, the company holds 2,235 BTC, worth approximately $192.4 million at current prices.
2025/02/28 12:57 KST
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