Metaplanet Issues ¥2 Billion Zero-Interest Bonds to EVO FUND for Bitcoin Expansion to 10,000 BTC

Metaplanet Inc., a Japanese company, has announced the issuance of ¥2 billion ($13.33 million) in zero-interest bonds to EVO FUND to fund the purchase of additional Bitcoin. This move is part of the company's ongoing strategy to expand its Bitcoin holdings, which currently stand at 3,350 BTC.
The bonds are set to mature on September 30, 2025. The funds raised will be used to further increase Metaplanet's Bitcoin reserves, aligning with their goal to reach 10,000 BTC by the end of 2025.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Related Posts
Advertisement
Get an edge in Crypto with our free daily newsletter
Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri
90k+ Defiers informed every day. Unsubscribe anytime.