ChainCatcher News, Japanese listed company Metaplanet Inc. announced the issuance of the 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 annual interest rate of the bonds is zero, and they are 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 by issuing private bonds through multiple issuances, totaling up to 5 billion yen.