Metaplanet (TYO:3350) has issued the 5th series of ordinary bonds worth 5 billion yen, allocated for the purchase of Bitcoin, according to a Friday filing on the Tokyo Stock Exchange.
The bonds, with no interest and a redemption date of June 16, 2025, were placed with EVO FUND. The company expects to secure the funds required for bond redemption through the exercise of its 12th Series Stock Acquisition Rights.
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