The Japanese hotel firm Metaplenet (3350) said it plans to sell another $ 21.25 million in bonds to finance more Bitcoin purchases (BTC).
The firm based in Tokyo agreed to issue the debt with the EVO fund on May 9, so it is the third sale of this type in the space of a week, after two numbers of $ 25 million each.
The bonds will not generate any interest and have a redemption date of November 9, Metaplanet announced in an X publication on Friday.
The firm’s Bitcoin stile is currently in 5,555 BTC ($ 576 million), the eleventh largest participation between companies that are quoted in the stock market and the largest of companies outside North America.
Metaplenet shares closed 2.75% higher on Friday in 524 yen ($ 3.61), surpassing Nikkei 225 that won 1.56%.
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