Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

CoinDesk Bot,James van Straten Bitcoin Ren

Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

In this news:

Metaplanet Inc (3350) is seeking to raise another 2 billion Yen ($13.3 million) by selling additional ordinary bonds with a 0% interest.
The funds will be used to buy more bitcoin (BTC), aligning with the company's strategic investment plan.
The bond issuance is exclusively allocated to Evo Fund, with redemption scheduled for Aug. 26.
The redemption is backed by proceeds from the company’s stock acquisition rights. Metaplanet’s latest move underscores its commitment to bitcoin as a reserve asset, further strengthening its financial : Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI (Feb. 27, 14:34 UTC): Adds bullet points

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Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

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