Japan’s Metaplanet has issued several bonds in zero-interest when the listed company looks like Asquire More Bitcoin (BTC).
The company today said in a message to shareholders that it issued 2 billion yen ($ 13.4 million) in zero-interest ordinary bonds to buy BTC, with the Evo Foundation, which in turn served as the only bond owner.
These bonds have no interest and will be fully redeemed on September 17.
These bond issues are a regular event for the listed company as the metaplan continues to increase its Bitcoin reserves and benefits from cheaper pricing set by BTC’s recent price correction.
Last week, the company announced that it had acquired 162 BTC for $ 13.5 million at an average price of $ 83,123 per year. Bitcoin.
With all its recent buyer, the Metaplanet now has 3200 BTC worth $ 265 million, making it the tenth largest BTC-lasting public unit, according to BitCinTreasuries.net.