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November 18, 2024

Metaplanet seeks $11M for Bitcoin buys, incentivizes shareholders with benefit program

Tokyo-based investment firm Metaplanet has unveiled plans to issue ordinary bonds worth 1.75 billion yen (over $11 million) to fund additional Bitcoin acquisitions, according to a Nov. 18 statement. The bonds come with an annual interest rate of 0.36% and a maturity date of Nov. 17, 2025.

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