Metaplanet enters Japan bond market with new BitBonds program

Metaplanet has launched a new corporate bond issuance program called BitBonds and completed its inaugural issuance as the Bitcoin treasury company expands its funding options in Japan.

The company issued approximately ¥200 million, or about $1.2 million, in bonds across four series through a private placement. The bonds carry maturities of roughly three years and annual interest rates ranging from approximately 4.0% to 4.3%.

Metaplanet said BitBonds will serve as a continuous issuance framework for senior unsecured bonds and become a core financing tool alongside common shares, equity linked instruments and preferred shares. The company also plans to use the program to broaden its investor base and strengthen its funding capacity in the yen bond market.

The inaugural issuance was distributed through Metaplanet Securities, the company’s wholly owned securities subsidiary. It marked the first time investment opportunities based on Metaplanet’s credit were made available to a broader group of investors, including individuals and corporate entities.

Metaplanet Securities CEO Kazuki Komura said the company’s platform handled the initial issuance under the new program and described it as the first time Metaplanet credit based investment opportunities had been offered to a diverse range of investors, including individuals.

Komura added that Metaplanet Securities plans to continue scaling the platform and improving its services while providing new yield investment options in Japan’s credit market.

Metaplanet intends to use its securities subsidiary as the main distribution channel for BitBonds and future capital markets products. Applications, allocations and administration for future bond series are also expected to be handled through the platform.

The company said the inaugural issuance is expected to have an immaterial impact on its consolidated results for the fiscal year ending December 2026.