According to Cointelegraph, Japanese investment company Metaplanet issued $21 million in zero-coupon bonds to Evo Fund based in the Cayman Islands. The bonds have a face value of $525,000 and will mature on November 28, 2025.
Metaplanet has raised $135.2 million this year, aiming to hold 10,000 BTC by the end of 2025. Currently, it holds approximately 7,800 BTC, valued at around $840 million.
On May 1, Metaplanet announced the establishment of a wholly-owned subsidiary, Metaplanet Treasury, in Florida, USA, with plans to raise $250 million to advance its Bitcoin strategy.
