
Metaplanet’s Bitcoin Buying Spree Continues with $21M Bond Offering
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Just 24 hours after revealing a $50 million raise, Japanese investment firm Metaplanet has secured another $21 million for Bitcoin acquisition through zero-interest bonds.
The Cayman Islands-based Evo Fund purchased the entire bond series at $525,000 per unit, with a six-month maturity window.
The bond terms showcase Metaplanet’s creative financing approach: no interest payments, no collateral, and flexible redemption options that allow partial withdrawals.
This follows the company’s recent pivot to become Japan’s answer to MicroStrategy, using unconventional debt instruments to fund its growing Bitcoin treasury.