Metaplanet Raises $21.25 Million Through Zero-Coupon Bonds to Expand Bitcoin Holdings

Japanese publicly traded company Metaplanet has successfully issued zero-coupon bonds totaling $21.25 million, according to BlockBeats. This financing will directly be allocated towards increasing the company’s Bitcoin holdings. sequent to this announcement, on May 7th, they invested an additional $53.4 million to acquire 555 Bitcoins, demonstrating their commitment to expanding their cryptocurrency portfolio.