Wu said that Metaplanet Inc. announced the decision to issue the 12th series of ordinary bonds totaling 36 billion yen (approximately 24.71 million USD) to purchase Bitcoin. The bonds are non-interest bearing and will be redeemed at face value, planned for redemption on October 31, 2025. The redemption funds will mainly come from the proceeds of the exercise of the company's 15th to 17th series of stock subscription rights.