Metaplanet Issues $25 Million In Bonds To Buy More Bitcoin

By: bitcoin ethereum news|2025/05/02 22:15:01
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The Tokyo-based company said in a regulatory filing that the 12th series of ordinary bonds will be sold entirely to EVO FUND, carrying no interest and maturing on October 31, 2025. The bonds will be issued at 90 million yen per unit and redeemed at face value, according to the company notice. “The proceeds raised through this issuance will be allocated to the purchase of Bitcoin,” Metaplanet stated in the filing, noting the funding aligns with plans disclosed in January regarding its series of stock acquisition rights. The company expects to fund the bonds’ redemption through capital raised from the exercise of its 15th to 17th series of stock acquisition rights. The bondholder can request early redemption by providing written notice at least one business day before the desired redemption date. Metaplanet has already accumulated over 5,000 BTC and recently added 145 Bitcoin for $13.6 million in mid-April. The latest bond issuance supports the firm’s ambitious goal of reaching 21,000 BTC by 2026. This bond issuance represents another strategic step in their Bitcoin acquisition program. The company recently bolstered its Bitcoin focus by adding BTC Inc. CEO David Bailey to its advisory board. If proceeds from the stock acquisition rights exceed certain thresholds, Metaplanet maintains the option to initiate early bond repayments in 90 million yen increments. The company’s shares closed up 8.6% at 428 yen in Thursday’s trading session. The move comes amid growing institutional Bitcoin adoption in Japan and globally. Bitcoin currently trades above $97,000, with companies like Semler Scientific also recently expanding their holdings through a $15.7 million purchase of 165 BTC. At press time, Metaplanet has not disclosed whether any of the new bond proceeds have been used to acquire additional Bitcoin. Source: https://bitcoinmagazine.com/news/metaplanet-issues-25-million-in-bonds-to-buy-more-bitcoin

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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