Metaplanet issues another set of 0% ordinary purchase bonds more bitcoin

The Japanese Investment Firma MetaPlanet issued another set of 0% of ordinary bonds EVO fund, worth $ 13.35 million, with the aim of purchasing more bitcoin.

According to a recent noticeInvestment companies based on Tokyia issued ¥ 2 billion evo fund, based on the decision made by the company’s board of directors. This signifies the ninth issue of ordinary bonds by the Japanese company as a whole.

In 18. Mart for regulation, the funds are stated from the issuance of ordinary bonds to be used to purchase more bitcoin (Btc). This decision is in line with the constant firm strategy to grow its BTC Holdings as one of the largest owners of corporate bitcoin in Asia.

Bonds carry interest and can be used in full 17. September, at ¶ 100 per ¥ 100 of the bond value. However, the Fund has been approved for the purchase of bonds before the redemption date providing a written notification to a metaplanet at least one working day before the desired date. Early redemption can be made for all or part of extraordinary bonds.

The funds needed to redeem bonds will receive from revenues from 14. to 17. series the right procurement of shares, which metaPlanet expects to exercise.

The issuance of bond will be fully awarded EVO fund, without guarantee or collateral attached to connections. Despite the issuance of bonds, the action of metaplanet dipped for almost 0.5% to the price ≥ 4,030, according to Google Finance.

Earlier 27. February, and MetaPlanet issued Ordinary bonds Here is a fund in the same amount of ≥ 2 billion, which was worth $ 13.6 million at the time. The investment firm stated that the funds will be used to buy more bitcoin.

Since April 2024. MetaPlanet gradually acquires more BTC after launching its own operations of the BitCoin Treasury. Recently is 12. Marta, the firm procured 162 BTC, which has led its total farms at 3,050 BTC or equal to $ 251 million at current market prices.