Metaplanet issues $50M in new debt to buy more Bitcoin

Japanese investment firm Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its ongoing strategy to increase its Bitcoin exposure.  In a May 28 announcement, the company that it was raising $50 million through bonds. The bonds are issued in $1. 25 million denominations and carry no interest source: https://cointelegraph.com/news/metaplanet-raises-50m-zero-interest-bonds-bitcoin-purchase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound