Metaplanet Issues $13.6 Million in Zero Percent Bonds to Buy More Bitcoin

Tokyo-based Metaplanet Inc. has announced the issuance of its 7th series of ordinary bonds to raise $13.6 million (2 billion yen) to fund additional bitcoin purchases. The move, approved on Wednesday, Feb. 27, aligns with the company’s growing bitcoin treasury strategy. This follows Metaplanet’s recent $12.9 million purchase, expanding its holdings to 2,235 BTC. The bonds will be redeemed through proceeds from stock acquisition rights.

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