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<p class="is-style-lead">Japanese investment adviser Metaplanet has announced plans to issue ¥1.7 billion in one-year 0.36% bonds to buy more Bitcoin.</p>
<p>Tokyo Stock Exchange-listed Metaplanet is doubling down on its Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) strategy with the issuance of a ¥1.75 billion — around $11.7 million as of press time — ordinary bond to fund additional BTC acquisitions.</p>
<p>The third series of ordinary bonds, exclusively allocated to EVO FUND, carries a 0.36% annual interest rate and is fully guaranteed by the company’s president and representative director, Simon Gerovich, per a Nov. 18 <a href="https://contents.xj-storage.jp/xcontents/33500/67db9243/017a/415c/b149/7ec15632daf9/140120241118525549.pdf" target="_blank" rel="noopener noreferrer nofollow">regulatory filing</a>.</p>
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   <p lang="en" dir="ltr">*Metaplanet Issues ¥1.75 Billion in 1-year 0.36% Bonds, Proceeds to Fund Additional Purchases of <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>* <a rel="noopener noreferrer nofollow" href="https://t.co/Jv3IEylplA" target="_blank">pic.twitter.com/Jv3IEylplA</a></p>— Metaplanet Inc. (@Metaplanet_JP) <a href="https://twitter.com/Metaplanet_JP/status/1858352792647225371?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 18, 2024</a>
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<p>The bonds will mature on Nov. 17, 2025, with repayment secured through a first-priority mortgage on Hotel Royal Oak Gotanda, a property owned by Metaplanet’s subsidiary, Wen Tokyo Inc.</p>
<p>Amid the news, Metaplanet shares on the Tokyo Stock Exchange soared 5%.</p>
<p>You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/coinshares-adds-metaplanet-to-its-blockchain-global-equity-index/"> CoinShares adds Metaplanet to its Blockchain Global Equity Index </a></p>
<p>The move underscores the Japanese company’s commitment to crypto as part of its broader investment portfolio. Metaplanet also reassured stakeholders that the financial impact of this issuance on its fiscal year results “is expected to be minimal,” while leaving room for further updates if material changes arise.</p>
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   <p lang="en" dir="ltr">Introducing the Metaplanet Shareholder Benefits Program – Exclusive Perks for Our Shareholders! <br><br>Featuring partnerships with <a href="https://twitter.com/sbivc_official?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@sbivc_official</a>, <a href="https://twitter.com/TheBitcoinConf?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@TheBitcoinConf</a>, <a href="https://twitter.com/BitcoinMagazine?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@BitcoinMagazine</a>, Hotel Royal Oak Gotanda, and <a href="https://twitter.com/Webull_Japan?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Webull_Japan</a>! <a rel="noopener noreferrer nofollow" href="https://t.co/mCqxQCCNp0" target="_blank">pic.twitter.com/mCqxQCCNp0</a></p>— Metaplanet Inc. (@Metaplanet_JP) <a href="https://twitter.com/Metaplanet_JP/status/1858299882231984619?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 18, 2024</a>
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<p>Additionally, Metaplanet <a href="https://x.com/Metaplanet_JP/status/1858299882231984619" target="_blank" rel="noopener noreferrer nofollow">revealed</a> a new shareholder benefits program, offering perks to shareholders, including Bitcoin-related experiences and discounts in a partnership with SBI VC Trade, The Bitcoin Conference, Bitcoin Magazine, Hotel Royal Oak Gotanda, and Webull Securities to boost shareholder engagement and encourage long-term investment.</p>
<p>The announcement follows Metaplanet’s recent acquisition of 156.7 BTC for approximately ¥1.6 billion, pushing its total Bitcoin holdings past 1,000 BTC to 1,018 BTC.</p>
<p>Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/metaplanet-rolls-up-223-contracts-of-bitcoin-put-options-adds-5-90-btc-to-their-revenue/"> Metaplanet rolls up 223 contracts of Bitcoin put options, adds 5.90 BTC to their revenue </a></p>

Metaplanet to buy more Bitcoin with $11.3m bond issuance

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