Key Takeaways
- Metaplanet raised $135.2M in 2025 to fund Bitcoin purchases.
- The firm issued $21M in zero-interest bonds one day after a $50M raise.
- It aims to reach 10,000 BTC holdings by the end of 2025.
Japanese investment firm Metaplanet has issued $21 million in zero-interest bonds to the Evo Fund, marking its second major fundraising move in two days as it intensifies its Bitcoin acquisition efforts.
The bond issuance follows a $50 million raise on May 28, bringing the company’s total fundraising this year to $135.2 million.
Details of the bond series
The 17th series of bonds, dated May 29, carry a face value of $525,000 each and mature on November 28, 2025.
They do not bear interest, and Evo Fund retains the right to early redemption with a five-day notice.
Redemption can occur in full or in part, tied to fundraising activities involving the same investor.
Bond governance & management
The bonds are unsecured, lack a bond administrator, and are governed under Japanese corporate law.
Metaplanet’s Tokyo office will manage payment logistics.
Bitcoin acquisition goals
The company aims to reach 10,000 BTC by the end of 2025 and currently holds approximately 7,800 BTC—worth around $840 million—at an average purchase price of $91,340, according to BitcoinTreasuries.NET.
Recent buys include 696 BTC in March and 145 BTC in late April.
Expansion into the U.S. market
On May 1, Metaplanet announced the launch of a U.S. subsidiary, Metaplanet Treasury, in Florida, with plans to raise up to $250 million to expand its Bitcoin strategy.
The firm also added Eric Trump to its Strategic Advisory Board in March.
