The Japanese hotel firm Metaplanet (3350) said it plans to sell another $ 21.25 million worth of bonds to fund additional Bitcoin (Btc) Purchase.
Tokyo-based firm agreed to issue a debt to the Evo Fund on May 9, making it a third said sale for a week, Following two issues of $ 25 million each.
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Bonds will not bring any interest and have a redemption date of November 9, metaplanet announced in an X post on Friday.
The firm’s bitcoin stash is currently sitting at 5,555 BTC ($ 576 million), the 11th largest handling of companies exchanged public And the largest of the companies outside of North America.
Metaplanet sharing 2.75% closed higher On Friday of 524 Yen ($ 3.61), Nikkei 225 raised 1.56%.
