Metaplanet Completes Early Repayment of $13.5 Million in Bonds Through Warrant Proceeds

Introduction

In a significant financial maneuver underscoring its strategic shift towards Bitcoin treasury management, Metaplanet Inc., a prominent Japanese enterprise listed on the Tokyo Stock Exchange, has announced the early and complete repayment of its 9th Series of Ordinary Bonds. This repayment, amounting to ¥2 billion (approximately $13.5 million), reflects the company's commitment to optimizing its capital structure while intensifying its focus on Bitcoin acquisition.

Full Redemption of Bonds Ahead of Schedule

Metaplanet Inc., formerly recognized as Red Planet Japan, confirmed on April 7, 2025, the successful early redemption of bonds originally scheduled to mature in September 2025. The bonds, issued without accruing interest, were allocated to EVO FUND on March 18, 2025.

The company had previously executed a partial redemption of ¥1.5 billion from this bond issuance on March 27, 2025. This move was facilitated through funds generated from the exercise of stock acquisition rights granted via third-party allotments. The remaining ¥500 million balance was duly settled on April 4, 2025, thereby marking the complete closure of this financial obligation.

Strategic Utilization of Warrant Proceeds

Crucially, the funds employed for the final settlement originated from the payments made by EVO FUND during the exercise of Metaplanet’s 13th to 17th series of stock acquisition rights. By leveraging these warrant proceeds, Metaplanet effectively minimized its financial liabilities without resorting to external borrowing or interest-bearing debt instruments.

Given the interest-free nature of the bonds, the company anticipates a negligible impact on its financial results for the fiscal year 2025, thereby preserving its profitability and financial health.

Metaplanet's Strategic Shift: From Hospitality to Bitcoin Treasury

Metaplanet Inc.’s journey from a hospitality-oriented business to a Bitcoin-centric treasury firm has been both deliberate and ambitious. With Bitcoin constituting the core of its asset management strategy, the firm continues to aggressively accumulate the cryptocurrency as a hedge against economic volatility and a store of value.

On April 2, 2025, Metaplanet acquired an additional 160 Bitcoin at an average purchase price of $80,063 per BTC. This strategic investment, valued at approximately $13.39 million, elevated the company’s total Bitcoin holdings to 4,206 BTC.

Vision for the Future: Aspiring to Hold 21,000 Bitcoin

Metaplanet has publicly articulated its long-term objective of amassing 21,000 Bitcoin by the year 2026. This ambitious target underscores the company's steadfast belief in Bitcoin's role as a pivotal asset class in the global financial landscape. As of April 2025, the firm has set an interim goal of surpassing the 10,000 BTC milestone, reflecting its unwavering commitment to this strategic vision.

Conclusion

Metaplanet Inc.'s early repayment of ¥2 billion in bonds, facilitated through prudent financial management and effective utilization of warrant proceeds, signifies its evolving role within the corporate and digital asset sectors. As the company intensifies its focus on Bitcoin accumulation, it continues to exemplify innovative financial practices that align with its long-term treasury strategy.

This is non-financial/medical advice and made using AI so might be wrong

Source: https://crypto.news/metaplanet-repays-over-13m-in-bonds-early-using-warrant-proceeds/