Metaplanet’s New Bonds to Fund Bitcoin Purchase

Metaplanet KK (JP:3350) has released an update.

Metaplanet Inc. has announced the issuance of its 3rd Series of Ordinary Bonds, raising ¥1.75 billion to fund the purchase of Bitcoin. These bonds, fully guaranteed by the company’s director, offer a 0.36% annual interest rate and are set for redemption in November 2025. The financial impact on Metaplanet’s results for 2024 is expected to be minimal.

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