Metaplanet issuance of $21 million zero-coupon bonds is solely for buying Bitcoin! What is hidden behind this "funding trick"?On May 29, the Japanese listed company Metaplanet Inc. announced that it has passed a board resolution to issue a total of $21 million in "17th series ordinary corporate bonds," with all funds raised to be invested in Bitcoin purchases. This bond issuance is limited to an institution named EVO FUND, and the bond conditions are extremely lenient — zero interest, unsecured, and redeemable in advance. Market observers point out that EVO FUND is likely a related party of the company. Although this operation is unusual, it is a strategically designed strategy for capital and asset allocation.
Bond issuance conditions "Buddha's Heart": zero interest, unsecured, early repayment allowed.
According to the announcement from Metaplanet, the face value of each bond is 525,000 USD, with a total issuance of 21,000,000 USD. Although it is a bond, it does not pay any Interest and is not secured or guaranteed.
ChainNewsAbmedia·2025-05-29 17:24