BlockBeats news, on December 17, Japanese listed company Metaplanet Inc. announced the issuance of its fourth series of ordinary bonds, totaling 4.5 billion yen (approximately 30 million USD), with the raised funds aimed at accelerating the purchase of Bitcoin.
These bonds have a zero interest rate and will mature on June 16, 2025. The redemption funds will mainly come from the proceeds of previously issued warrant exercises. The company also plans to raise up to 5 billion yen through multiple issuances of private placement bonds to further expand its capital operations.
