Metaplanet Issues $21M Bonds to Boost Bitcoin Holdings

Metaplanet Inc. is taking a bold financial step by issuing a $21.25 million bond to fund increased Bitcoin purchases. This latest issuance signifies the company’s ambitious strategy of accumulating Bitcoin holdings through debt financing, marking a significant trend in Asia’s corporate sector. 0-interest bonds were issued to EVO FUND for this purpose. Metaplanet Inc., aiming to bolster its financial position out of Tokyo, has demonstrated an aggressive approach to expanding its Bitcoin reserves.