Japanese hotel company Metaplanet (3350) said it was planning to sell additional $ 21.25 million obligations to finance other Bitcoin purchases (BTC).
The company based in Tokyo has agreed to issue debt to Evo Fund on May 9, making it the third sale of this type in the space of a week, after two numbers of $ 25 million each.
The obligations will not bear any interest and will have a date of buyout of November 9, announced Metaplanet in a position on X Friday.
The company’s bitcoin hiding place is currently 5,555 BTC ($ 576 million), the 11th largest holder among listed companies and the largest companies outside North America.
Metaplanet’s shares closed 2.75% more Friday at 524 yen ($ 3.61), outperforming the Nikkei 225, which won 1.56%.
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