According to PANews, Japanese listed company Metaplanet Inc. announced the issuance of the fourth series of ordinary bonds with a total amount of 4.5 billion yen (about 30 million US dollars) to accelerate the purchase of Bitcoin.
The bonds bear zero interest per annum and are expected to mature on June 16, 2025. Redemption funds will be paid from the exercise proceeds of previously issued warrants.
Metaplanet plans to further expand its capital operation capabilities through multiple issuances in the future, totaling up to 5 billion yen in private placement bonds.
