Metaplanet Issues $50 Million in 0% Bonds for 16th Round, Aiming for 10,000 BTC, Shares Rise 9.5%

Metaplanet, a Japanese company, has issued $50 million (approximately 72億円) in zero-interest (0%) ordinary bonds to finance additional Bitcoin purchases. This is the company's 16th bond round for increasing its cryptocurrency holdings.

Metaplanet, also known as Metaplanet_JP, aims to accumulate a total of 10,000 Bitcoin by the end of 2025. The company currently holds about 7,800 BTC, valued at around $850 million.

Following the announcement of the bond issuance, Metaplanet's shares closed up 9.5%.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.