Metaplanet Issues $21.25 Million Zero-Coupon Bonds to Increase Bitcoin Holdings

According to BlockBeats, Japanese publicly traded company Metaplanet has announced the issuance of zero-coupon bonds totaling $21.25 million. The funds raised from this issuance will be allocated to increasing the company's Bitcoin holdings. Previously, BlockBeats reported that on May 7, Metaplanet invested $53.4 million to acquire an additional 555 Bitcoins. This move is part of the company's ongoing strategy to expand its cryptocurrency portfolio.