
PANews|May 09, 2025 03:32
Metaplanet issues $21.25 million interest free ordinary bonds to purchase Bitcoin
According to Metaplanet's announcement, the board of directors has approved the issuance of the 14th ordinary bond, with a total amount of $21.25 million, and the creditor is EVO FUND, which will be used to purchase Bitcoin. The bond is interest free and will be redeemed upon maturity on November 7, 2025.
Metaplanet plans to use the exercise proceeds from the 15th and 16th adjustable exercise price warrants as a source of redemption funds
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