Metaplanet issued $21 million in bonds to acquire more Bitcoin as part of its digital asset investment strategy.
The funds raised will be used solely to purchase Bitcoin, aligning with Metaplanet's long-term view of Bitcoin as a valuable treasury reserve asset.
The bonds have specific details such as zero coupon interest rate, face value of $625,000, and redemption date on November 7, 2025.
Metaplanet aims to strengthen its position in digital assets with this bond issuance and continues to explore ways to integrate digital assets into its capital strategy.