According to PANews, Metaplanet has announced the issuance of its 13th series of ordinary bonds to EVO FUND, following a board resolution. The bonds, valued at $25 million, carry a zero percent interest rate and have a six-month term. The funds raised will be used to purchase Bitcoin. The bonds are set to mature on November 6, 2025, and will be redeemed through the exercise of stock subscription rights.
Metaplanet Issues $25 Million Zero-Interest Bonds for Bitcoin Purchase
--・
AI Summary
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Binance_News