Metaplanet Inc. issued 3.6 billion yen bonds to purchase Bitcoin.
According to Gate.io News bot, Metaplanet Inc. officially announced the issuance of the 12th tranche of ordinary bonds for the EVO FUND, with a total issuance amount of 3.6 billion yen (approximately 24.71 million USD). The raised funds will be used to purchase Bitcoin.
This bond is a zero-coupon bond and will mature at face value on October 31, 2025. The company plans to use the proceeds from the exercise of stock subscription rights for the 15th to 17th periods as the source of funds for the bond redemption.