Metaplanet Raises Over $50 Million Through ¥8 Billion Zero-Interest Bonds to Buy More Bitcoin
According to Metaplanet, EVO Fund fully subscribed its ¥8 billion zero-interest bond issuance on April 24 to support future Bitcoin purchases, as the company reported holdings of 40,177 BTC at the end of March.
BTC
Fact Check
The claim's core financing statement is directly supported by the official Metaplanet X post (x post 2047511161688432927), which says Metaplanet issued 8 billion yen in zero-interest ordinary corporate bonds to fund additional Bitcoin purchases. CoinPost's article メタプラネットが80億円社債を発行、調達資金は全額ビットコイン購入に充当 independently matches those details and additionally states cumulative holdings reached 40,177 BTC. Odaily's report is consistent but derivative, explicitly citing Metaplanet's X post. The only notable mismatch is the headline phrase 'Over $50 Million': 8 billion yen is roughly in that range depending on exchange rate, so it is directionally consistent rather than exact.
Summary
Metaplanet said it issued ¥8 billion in zero-interest ordinary bonds, equivalent to about $50 million, to fund future Bitcoin purchases, and stated that EVO Fund fully subscribed the issuance on April 24. The company reported holding 40,177 BTC as of March 31 after purchasing 5,075 BTC during the first quarter. The new input adds the identity of the bond subscriber and confirms the company’s quarter-end Bitcoin holdings, further detailing Metaplanet’s Bitcoin treasury strategy.
Terms & Concepts
- Bitcoin treasury strategy: A corporate approach in which a company holds Bitcoin on its balance sheet as a reserve asset or long-term investment.
- BTC: The ticker symbol commonly used for Bitcoin, the largest cryptocurrency by market capitalization.