Metaplenet (3350) Buy another 555 BTC, plan to issue $ 25 million bonds to buy more

The Japanese investment firm Metaplenet (3350) said it will sell a second $ 25 million to Evo Fund to finance more Bitcoin (BTC) purchases.

The company based in Tokyo agreed to issue the debt only days after selling the same amount of bonds to the same buyer. The bonds, which will not be interested, have a redemption date of November 6, according to a Metaplanet Post on X on Wednesday.

In a separate statement, Metaplenet said he bought 555 BTC for 7.63 billion yen ($ 53.5 million), carrying his total holdings to 5.555. That is Bitcoin’s greatest booth among public companies outside North America, according to Bitcoin Treasury bonds.

Metaplenet shares added around 11.5% to close 477 yen ($ 3.33) on Wednesday.



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