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Metaplanet Inc. Issues 10th Series Bonds for Bitcoin Investment

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Metaplanet Inc. Issues 10th Series Bonds for Bitcoin Investment

Metaplanet KK ( (JP:3350) ) just unveiled an announcement.

Metaplanet Inc. has announced the issuance of its 10th Series of Ordinary Bonds to EVO FUND, raising JPY 2 billion for Bitcoin purchases. This strategic move aligns with their ongoing financial strategy, with minimal expected impact on the company’s financial results for the fiscal year ending December 2025.

More about Metaplanet KK

Metaplanet Inc. operates in the financial sector, focusing on innovative investment strategies and financial products. The company is known for its involvement in cryptocurrency investments, particularly Bitcoin, and aims to leverage financial instruments to enhance its market positioning.

YTD Price Performance: 25.29%

Average Trading Volume: 46,598,841

Technical Sentiment Signal: Sell

Current Market Cap: Yen200.5B

See more insights into 3350 stock on TipRanks’ Stock Analysis page.

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