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TechFlow news: Japanese listed company Metaplanet announced that its board of directors has approved the use of approximately $6.26 million (1 billion yen) to increase its Bitcoin holdings. The funds will come from the proceeds of the company's second issuance of secured unsecured bonds.
According to the official announcement, these bonds carry an annual interest rate of 0.5%, will be delivered on June 26, 2024, and mature on June 25, 2025.
Japanese listed company Metaplanet announced that its board has approved the use of approximately $6.26 million (1 billion yen) to increase its Bitcoin holdings, with funds sourced from the proceeds of its second series of secured unsecured bonds. According to the official announcement, these bonds carry an annual interest rate of 0.5%, will be delivered on June 26, 2024, and mature on June 25, 2025.
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