9 hours ago
Japanese edifice steadfast Metaplanet (3350) said it plans to merchantability different $21.25 cardinal worthy of bonds to money further bitcoin (BTC) purchases.
The Tokyo-based steadfast agreed to contented the indebtedness to EVO FUND connected May 9, making it the 3rd specified merchantability successful the abstraction of a week, following 2 issues of $25 cardinal each.
The bonds volition not carnivore immoderate involvement and person a redemption day of Nov. 9, Metaplanet announced successful a station connected X connected Friday.
The firm's bitcoin stash presently sits astatine 5,555 BTC ($576 million), the 11th largest holding among publicly-traded companies and the largest of firms extracurricular North America.
Metaplanet shares closed 2.75% higher connected Friday astatine 524 yen ($3.61), outperforming the Nikkei 225 which gained 1.56%.
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