MetaPlanet issues $210 million in zero-interest bonds

Source
Uk Jin

Summary

  • MetaPlanet announced that it will issue zero-interest common stock bonds worth $210 million to acquire additional Bitcoin.
  • It was made clear that the purpose of the fundraising is Bitcoin purchase.
  • It was stated that issuing zero-interest bonds is an important development for shareholders and investors.

MetaPlanet, referred to as Strategy (formerly MicroStrategy) in Japan, is seeking to raise funds for additional Bitcoin purchases.

On the 16th (local time), MetaPlanet announced on X (formerly Twitter), "We are issuing zero-interest common stock bonds worth $210 million to purchase additional Bitcoin."

publisher img

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
What did you think of the article you just read?