Metaplanet Inc. Issues 7th Series of Bonds for Bitcoin Purchase

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Metaplanet Inc. Issues 7th Series of Bonds for Bitcoin Purchase

Metaplanet KK ( (JP:3350) ) just unveiled an update.

Metaplanet Inc. has announced the issuance of its 7th Series of Ordinary Bonds to EVO FUND, with the funds raised intended for the purchase of Bitcoin. The bonds, totaling JPY 2 billion, will bear no interest and are scheduled for redemption in August 2025. The company expects minimal impact on its financial results for the fiscal year ending December 2025.

More about Metaplanet KK

YTD Price Performance: 72.70%

Average Trading Volume: 3,945,434

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen242.4B

See more insights into 3350 stock on TipRanks’ Stock Analysis page.

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