Metaplanet will issue 2 billion yen zero coupon ordinary bonds to purchase BTC

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 will be used to purchase Bitcoin. This bond is a zero coupon bond with a face value of 50 million yen each. It is planned to be fully redeemed on August 26, 2025, and bondholders are allowed to redeem it in advance.