Metaplanet Completes $25.9 Million Bond Raise to Expand Bitcoin Holdings – Decrypt
Japanese firm Metaplanet Inc. has raised $25.9 million (¥4 billion) through the issuance of zero-interest, unsecured bonds, seeking to expand its Bitcoin (BTC) holdings. The Tokyo-based firm confirmed receiving funds from EVO FUND, the bondholder, which will be primarily used to increase its Bitcoin reserve to 21,000 BTC by 2026 in ‘Asia’s Largest Ever’ raise.