Japan’s Metaplanet has issued more zero-interest bonds as the listed company looks to asquire more bitcoin (BTC).
The company said today in a notice to shareholders that it issued 2 billion yen ($13.4 million) in zero-interest ordinary bonds for buying BTC, with Evo fund once again acting as the sole bondholder.
These bonds carry no interest and will be redeemed in full on Sept. 17.
These bond issuances are a regular occurrence for the listed company as Metaplanet continues to increase its bitcoin reserves, taking advantage of cheaper pricing brought by BTC’s recent price correction.
Last week, the company announced it had acquired 162 BTC for $13.5 million at an average price of $83,123 per bitcoin.
With all its recent buys, Metaplanet now holds 3200 BTC, worth $265 million, which makes it the tenth-largest BTC-holding public entity, according to bitcointreasuries.net.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Bitcoin Magazine CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute…
Bitcoin Magazine Bitcoin Price Jumps Above $64,000 as Cooler-Than-Expected Inflation Strengthens the Case for Rate…
BIP-110 sought to limit non-financial data on Bitcoin's blockchain but instead reignited debates over censorship…
Your day-ahead look for July 14, 2026Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Bitcoin consolidated after Monday's selloff as Donald Trump threatened more Iran strikes, gold extended its…
Long-term holders are quietly transferring supply to a new generation of buyers, but looming Federal…