Japan’s Metaplanet Strengthens Bitcoin Holdings with $21 Million Bond Sale
Japanese hotel operator Metaplanet (TSE: 3350) has announced plans to raise $21.25 million through a new bond issuance. This innovative approach aims to enhance their bitcoin reserves. Set to be sold to EVO FUND, these zero-interest bonds will have a maturity date scheduled for November 9. This strategic initiative not only supports Metaplanet’s growth but also highlights a growing trend among companies seeking to bolster their cryptocurrency assets.