According to ChainCatcher, Metaplanet, a Japanese listed company, announced that its board of directors has approved it to use 1 billion yen (about 6.26 million US dollars) to increase its holdings of Bitcoin. The funds will come from the issuance proceeds of the company's second ordinary bonds (with guarantees).
The official announcement shows that these bonds have an annual interest rate of 0.5%, which will be paid on June 26, 2024 and expire on June 25, 2025.
