Metaplanet will issue a ¥20 billion zero-coupon ordinary bond to purchase BTC

BlockBeats News, on February 27, Japanese listed company Metaplanet announced its decision to issue the seventh series of ordinary bonds to EVO FUND, raising a total of 2 billion yen. This bond issuance will be used to purchase Bitcoin. The bond is a zero-coupon bond with a face value of 50 million yen per bond, and is scheduled to be fully redeemed on August 26, 2025, allowing bondholders to redeem the bond early.