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Metaplanet Issues $50M in Zero-Interest Bonds to Buy More Bitcoin
Metaplanet is issuing 8 billion yen, about $50 million, in zero-interest ordinary bonds to fund more Bitcoin purchases. EVO Fund fully subscribed the offering, which is Metaplanet’s 20th bond issuance. Metaplanet bought 5,075 BTC in the first quarter of this year, bringing its total holdings to 40,177 BTC as of March 31.