On June 16, 2025, Metaplanet announced its intention to issue $210 million in bonds for Bitcoin acquisition through EVO FUND. This move reflects the company's confidence in the cryptocurrency's long-term prospects.
Announcement of Bond Issuance
Metaplanet, a company listed on the Tokyo Stock Exchange, announced its decision to issue zero-coupon straight bonds totaling $210 million to EVO FUND. The entire amount will be used to purchase Bitcoin.
Details of the Bond Structure
These zero-coupon bonds come with no periodic interest payments, meaning investors are betting solely on the value of the principal upon maturity. The features of this issuance are:
* Exclusive Subscription: Only EVO FUND is participating in this bond issuance. * Early Redemption Option: Metaplanet has included a mechanism for early bond redemption, providing flexibility amid market volatility.
Significance for the Crypto Market
This move is significant for several key reasons:
1. Institutional Confidence in Bitcoin. Investing hundreds of millions into Bitcoin reinforces institutional belief in BTC’s long-term value proposition. 2. Creative Financing Strategy. Using 0% bonds for crypto investment may inspire other firms seeking low-cost capital without immediate debt service. 3. Market Impact Potential. A bulk purchase of Bitcoin through bond financing could support BTC’s price floor or even trigger bullish momentum.
Metaplanet’s approach marks an evolving trend where corporate treasuries embrace Bitcoin not just as a hedge—but as a growth asset. EVO FUND’s exclusive involvement may also indicate the formation of strategic investment partnerships around crypto exposure.
