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Metaplanet Inc. Issues $21 Million in Bonds for Bitcoin Purchase

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Metaplanet Inc. Issues $21 Million in Bonds for Bitcoin Purchase

Confident Investing Starts Here:

Metaplanet KK ( (JP:3350) ) has shared an announcement.

Metaplanet Inc. has announced the issuance of its 17th Series of Ordinary Bonds, totaling USD 21 million, to EVO FUND. The proceeds are intended for the purchase of Bitcoin, with the bonds bearing no interest and scheduled for redemption in November 2025. This issuance is expected to have minimal impact on the company’s financial results for the fiscal year ending December 2025.

More about Metaplanet KK

Metaplanet Inc. operates in the financial industry, focusing on innovative investment solutions and financial products. The company is involved in issuing bonds and other financial instruments to support its strategic initiatives.

Average Trading Volume: 49,922,999

Technical Sentiment Signal: Buy

Current Market Cap: Yen670.4B

For detailed information about 3350 stock, go to TipRanks’ Stock Analysis page.

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