Metaplanet Buys Bitcoin Using $10M USD Bonds in Strategic Funding Shift
The post Metaplanet Buys Bitcoin Using $10M USD Bonds in Strategic Funding Shift appeared on BitcoinEthereumNews.com.
Japanese-listed firm Metaplanet Inc. is deepening its Bitcoin commitment with a fresh $10 million move, further cementing its reputation as Asia’s boldest corporate player in the crypto space. This time, the company has issued zero-coupon dollar-denominated bonds to EVO FUND to boost its Bitcoin holdings while strategically avoiding any financial strain. The company even changed its logo to show its commitment to Bitcoin by building block by block the aim to achieve 10000 BTC by the end of 2025. 🟠 What’s behind the Metaplanet logo? The “M” tells a story — from open frameworks to solid conviction. It reflects our journey: 🟧 Building block by block🟧 Accumulating BTC🟧 Turning bold vision into reality Geometric, intentional, and orange for a reason. Bitcoin is the… pic.twitter.com/nIxfp0Vt40 — Simon Gerovich (@gerovich) April 15, 2025 Dollar Bonds Over Yen—A Smarter Route to Bitcoin Metaplanet’s latest bond issue, maturing on October 14, follows the structure of its earlier yen-based offerings but with a strategic upgrade—funding directly in US dollars. This shift, as explained by CEO Simon Gerovich in his X post, is a deliberate move to sidestep the high and often unreasonable exchange fees imposed by Japanese banks when converting yen to dollars for Bitcoin purchases. However, by securing capital in USD from the outset, the company avoids those conversion costs and gains access to cheaper Bitcoin prices available in international markets. This results in a lower average cost of acquisition, allowing Metaplanet to stretch its investment further and boost overall shareholder value. Notably, from January to March 2025, Metaplanet reported a BTC Yield of 95.6%. Between April 1 and April 14, the yield was 6.5%, showing continued growth even in a shorter time frame. Bitcoin Buying Spree Continues Metaplanet’s aggressive strategy hasn’t slowed down. Just days before this announcement, the company increased its Bitcoin…
Filed under: News - @ April 16, 2025 5:26 am