Catenaa, Tuesday, June 03, 2025-Metaplanet, a Japanese investment firm, announced the issuance of $21 million in bonds to EVO FUND, a Cayman Islands-based investment firm, to finance further Bitcoin purchases. This move advances Metaplanet’s broader debt fundraising strategy, which has raised approximately $135 million this year through multiple bond sales.
The zero-interest bonds include flexible repayment terms allowing EVO FUND to exit early with five days’ notice. The bonds mature in about six months, on November 28, giving Metaplanet interest-free capital to increase its Bitcoin holdings.
Currently, Metaplanet holds roughly 7,800 BTC, about 78% of its 10,000 BTC target by the end of 2025. This ranks the company 11th among corporate Bitcoin holders. The total Bitcoin holdings are valued at around $840 million, purchased at an average price of $91,340 per coin.
This bond issuance marks the 17th in a series for the company, following earlier sales totaling $25.9 million in February, $13.3 million in March, and $25 million earlier this month. Metaplanet also recently acquired 696 BTC through cash-secured put options and sold 145 BTC in late April.
In a notable development, Metaplanet appointed Eric F. Trump, son of U.S. President Donald Trump, to its newly formed Strategic Advisory Board. The company said Trump’s business expertise and Bitcoin passion will support its leadership in the Bitcoin economy.
Metaplanet plans to establish a U.S. subsidiary in Florida to enhance institutional investor access and 24-hour operations. The firm aims to raise $250 million to accelerate its Bitcoin treasury strategy, leveraging Florida’s emergence as a global Bitcoin hub.
