Metaplanet KK ( (JP:3350) ) has issued an update.
Metaplanet Inc. announced a change in the allocation of funds raised through its 7th Series of Ordinary Bonds. Initially intended for Bitcoin purchases, the funds will now be used for bond redemption, with future Bitcoin investments funded by stock acquisition rights. This adjustment is expected to have no immediate impact on the company’s financial results.
More about Metaplanet KK
Metaplanet Inc. operates in the financial sector, focusing on investments and digital assets. The company is involved in the issuance of bonds and stock acquisition rights, with a strategic interest in cryptocurrencies like Bitcoin.
YTD Price Performance: 72.70%
Average Trading Volume: 3,945,434
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen242.4B
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