According to Odaily Planet Daily, Japanese listed company Metaplanet announced that its board of directors has approved the use of 1 billion yen (about 6.26 million US dollars) to increase its holdings of Bitcoin. The funds will come from the proceeds of the company's second ordinary bond (with guarantee). These bonds have an annual interest rate of 0.5%, which will be paid on June 26, 2024 and mature on June 25, 2025.