#MetaplanetBTCPurchase

The Japanese investment firm Metaplanet has reached an important milestone by announcing on Monday the purchase of 1112 Bitcoins worth approximately 117.2 million dollars.

After the acquisition, the company's total assets amount to exactly 10,000 BTC, which was previously the target set for 2024.

This news coincided with the approval by the board for the issuance of bonds worth 33 billion yen (210 million dollars) for EVO Fund, an investment company based in the Cayman Islands. The zero-coupon bonds, which are part of the 18th series of ordinary bonds from Metaplanet, will mature in December.

According to regulatory documentation, the proceeds from the bond sale are to be allocated for the purchase of Bitcoins, although it is unclear whether the recent acquisition of 1112 BTC occurred before or after the bond issuance was finalized.