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Metaplanet Issues $13 Million In Bonds For Additional Bitcoin Purchases

  • Japanese Bitcoin treasury company, Metaplanet, has issued $13 million in zero-interest bonds to expand its BTC reserves.
  • The bonds are allocated via the company's Evo fund, and investors can redeem them at full face value by September 30.
  • Metaplanet aims to accumulate 10,000 BTC by 2025 and 21,000 BTC by 2026, and currently holds 3,350 BTC.
  • The strategy of aggressive Bitcoin accumulation by public companies, popularized by MicroStrategy, is gaining traction.

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