The Metaplanet of Japan has issued more zero interest bonds, since the quoted company seeks to ascend to more Bitcoin (BTC).
The company said today in a notice to the shareholders that issued 2 billion yen ($ 13.4 million) in ordinary bonds of zero interest to buy BTC, with Evo Fund once again acting as the only bond hold.
These bonds have no interest and will be redeemed entirely on September 17.
These bond emissions are a regular occurrence for the quoted company as Metaplenet continues to increase its Bitcoin reserves, taking advantage of the cheapest 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, Metaplenet now has 3200 BTC, with a value of $ 265 million, which makes it the tenth public entity that maintains the tenth part of BTC, according to Bitcintrease.net.
