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Metaplanet issues 21 million USD bonds to increase its holdings of Bitcoin.
Metaplanet announced the issuance of the 14th series of ordinary bonds, raising 21.25 million USD, all of which will be used to increase holdings of Bitcoin. This round of bonds is fully subscribed by EVO FUND, structured as zero-interest and unsecured, and will mature in November 2025. The company added 555 Bitcoins this week, bringing total holdings to 5,555 coins, with a total investment of nearly 482 million USD, rising to become the largest listed Bitcoin holder in Asia and the ninth largest in the world. (CryptoSlate)