Metaplanet Issues $21M Bonds for Bitcoin Purchases
- Metaplanet issued $21 million in bonds to EVO FUND to buy more Bitcoin.
- The company has raised $135 million via debt this year.
- Metaplanet holds approximately 7,800 BTC, about 78% of its 2025 goal of 10,000 BTC.
- Bonds offer flexible repayment terms with early exit options for EVO FUND.
- The company ranks 11th among corporate Bitcoin holders.
Metaplanet continues its strategy to accumulate Bitcoin by issuing $21 million in zero-interest bonds to EVO FUND, contributing to a total of $135 million raised this year. The company now holds roughly 7,800 BTC, aiming for a target of 10,000 BTC by the end of 2025.
Source (2.6)https://decrypt.co/322585/metaplanet-issues-new-bonds-bitcoin-2025-goal?rand=52368