metaplanet_bond_20

Terms

Issuer	Metaplanet Inc.
Ticker	not stated
Type	straight_bond
Rate policy	fixed
Rate policy terms	[object Object]
Cumulative	not stated
Seniority rank	2
Maturity	2027-04-23
Liquidation preference	not stated
Outstanding	8000000000
Currency	JPY
USD translation (issuer-filed)	not stated
Status	outstanding

Source for the seniority ranking

Unsecured and unguaranteed (https://contents.xj-storage.jp/xcontents/33500/1758d044/285f/4e65/93c0/04d9b3d9af96/140120260424510122.pdf); bonds rank ahead of the preferred and common shares — 半期報告書: "優先株式及び普通株式に優先します" (https://contents.xj-storage.jp/xcontents/33500/105354bc/b7b8/46a1/bbf8/e9088bc54d76/S100YWMP.pdf). Behind the BTC-secured facility to the extent of its collateral (structural).

Market

Close price	not stated
Price date	not stated
Price source	not stated
Confidence	not stated
Declared rate	not stated
Effective yield	not stated
Attachment point	not stated
Coverage ratio	not stated
Coverage as of	not stated

Issuer bitcoin holdings

Holdings	43,000 BTC
As of	2026-08-18
Source	https://contents.xj-storage.jp/xcontents/33500/c02155bd/0bd0/4333/ac51/6085aab46d18/140120260818522603.pdf (Super League notice, 2026-08-18): "held 43,000 BTC as of August 18, 2026". Same count at 2026-06-30 in the Q2 FY2026 Tanshin (https://contents.xj-storage.jp/xcontents/33500/ccef5126/8cc0/4501/b779/01892d97a274/140120260813519694.pdf). 2,100 BTC are to move in kind to Super League (a group subsidiary) in Q4 2026 — still inside the group.

Valued in the payload at $86,370 as at 2026-09-21. Holdings and price carry different as-of dates and are not restated to a common one.

What the returns below are, and are not.

No dividend-payment record exists in this database and accrued_flag is null on every row, so income is what the terms accrue, not what was confirmed paid. For a cumulative preferred that difference is the credit question.

Where this comes from

REST	https://api.bitcoincreditstack.com/v1/market/corporate/instruments
As of	2026-09-21