1 month ago
Japanese concern steadfast Metaplanet (3350) said it volition merchantability a 2nd $25 cardinal of bonds to EVO FUND to money further purchases of bitcoin (BTC).
The Tokyo-based institution agreed to contented the indebtedness only days aft selling the aforesaid magnitude of bonds to the aforesaid buyer. The bonds, which volition carnivore nary interest, person a redemption day of Nov. 6, according to a Metaplanet station connected X connected Wednesday.
In a abstracted statement, Metaplanet said it bought 555 BTC for 7.63 cardinal yen ($53.5 million), taking its full holdings to 5,555. That is the largest bitcoin stash among nationalist companies extracurricular of North America, according to Bitcoin Treasuries.
Metaplanet shares added astir 11.5% to adjacent astatine 477 yen ($3.33) connected Wednesday.
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