Metaplanet Plans a Further $21M Bond Sale to Buy More BTC
2025-07-04 03:51:13
Description
Japanese hotel firm Metaplanet (3350) said it plans to sell another $21.25 million worth of bonds to fund further bitcoin ( BTC ) purchases. The Tokyo-based firm agreed to issue the debt to EVO FUND on May 9, making it the third such sale in the space of a week, following two issues of $25 million each . The bonds will not bear any interest and have a redemption date of Nov. 9, Metaplanet announced in a post on X on Friday . The firm's bitcoin stash currently sits at 5,555 BTC ($576 million), th...
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