Metaplanet’s Bold Move: Cashing in on Bonds and Bitcoin! 💰🚀

In the grand theater of finance, where numbers dance like shadows in the twilight, Metaplanet Inc. has taken a bow, completing the early redemption of its 9th Series of Ordinary Bonds. A staggering ¥2 billion, or $13.5 million, has been repaid, as announced on the fateful day of April 7. 🎭

Originally destined to linger until September 2025, these bonds were bestowed upon EVO FUND on March 18, devoid of the burdensome weight of interest. Ah, the sweet scent of financial freedom! Just a few days prior, on March 27, the company had already redeemed ¥1.5 billion of these bonds, citing the proceeds from the exercise of stock acquisition rights, like a magician pulling rabbits from a hat. 🐇✨

Once known as Red Planet Japan, Metaplanet has metamorphosed into a Bitcoin treasury firm, accumulating the digital gold as its core asset, now proudly listed on the Tokyo Stock Exchange. A true phoenix rising from the ashes of traditional finance! 🔥

On April 4, the remaining ¥500 million balance was settled, marking the grand finale of this bond issuance saga. Metaplanet confirmed that the funds for this redemption were sourced from EVO FUND’s payment during the exercise of the company’s 13th to 17th series of stock acquisition rights. A financial ballet, if you will! 💃

Since these bonds carried no interest, the company anticipates that the financial impact on its 2025 results will be as light as a feather, floating away into the ether of negligible consequences. 🕊️

Metaplanet’s Bitcoin Buying Spree

On April 2, Metaplanet acquired 160 additional Bitcoin at an average price of $80,063 per BTC. This purchase, worth approximately $13.39 million, has brought the company’s total holdings to a staggering 4,206 BTC, as part of its ongoing treasury strategy. A treasure hunt in the digital realm! 🏴‍☠️

With eyes set on the horizon, Metaplanet aims to hold 21,000 BTC by 2026, aspiring to surpass the 10,000 BTC mark by the end of 2025. A bold ambition, indeed, as it seeks to crown itself as Asia’s largest corporate holder of Bitcoin. The race is on! 🏁

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2025-04-07 19:47