Metaplanet continues the issue of bonds for BTC purchases

The Japanese metaplanet has issued more obligations of zero interest while the listed company seeks to Asquire More Bitcoin (BTC).

The company declared today in an opinion to the shareholders that it had issued 2 billion yen ($ 13.4 million) of ordinary null interest for the purchase of BTC, with Evo Fund acting again as the only owner of bonds.

These obligations have no interest and will be bought in full on September 17.

These bond emissions are regular for the listed company while Metaplanet continues to increase its Bitcoin reserves, taking advantage of the cheaper prices provided by the recent BTC prices correction.

Last week, the company announced that it had acquired 162 BTC for $ 13.5 million at an average price of $ 83,123 per Bitcoin.

With all its recent purchases, Metaplanet now holds 3,200 BTC, worth $ 265 million, making it the public relaxation entity of the tenth BTC, according to BitcoinTareasuries.net.

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