Metaplanet Redeems ¥8B Bonds Early, Lifts Bitcoin Buys to ¥33.4B
Photo: Pixabay (illustration)
Metaplanet Bitcoin buys are set to rise as the Tokyo-listed treasury firm repaid ¥8 billion in EVO FUND bonds early with cash on hand. With the early repayment, the company has decided to use the ¥8 billion earmarked for repayment to buy Bitcoin, as stated in the November 2 company disclosure . Planned buys climb from ¥25.422 billion to ¥33.422 billion. That is the stake for Bitcoin news readers who track corporate treasury demand. Metaplanet Settles Series 20 Bonds Ahead of Schedule Metaplanet said it finished the early payoff of its 20th Series of ordinary bonds on November 2.
Source: Live Bitcoin News
