Metaplanet announced the issuance of approximately 30 million dollars in common bonds, with the funds to be used to accelerate the purchase of Bitcoin

ChainCatcher News: Japanese listed company Metaplanet Inc. announced the issuance of its fourth series of ordinary bonds, with a total amount of 4.5 billion yen (approximately 30 million USD). The raised funds will be used to accelerate the purchase of Bitcoin.

The bond has an annual interest rate of zero and is expected to mature on June 16, 2025. The redemption funds for the bonds will mainly be paid through the proceeds from the exercise of previously issued warrants. In addition, Metaplanet plans to further expand its capital operation capabilities through multiple issuances of private bonds, totaling up to 5 billion yen.