Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101961
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
62.63%
Bitcoin Share
crypto.news 2025-05-28 11:44:08

Metaplanet breaks personal record with $50m bond issuance to buy more BTC

Metaplanet breaks personal record with $50m bond issuance to buy more BTC

Metaplanet has issued its largest set of 0% ordinary bonds to the venture capital EVO FUND. The bonds are worth a combined value of $50 million. According to the company’s recent announcement , the Japanese investment firm has decided to issue the 16th series of ordinary bonds to the venture capital firm EVO FUND. With a combined total value of $50 million, this is the largest ordinary bond issuance made by the Tokyo-based company so far. Following the same pattern as previous bond issuances, the company declared that it would use the funds to purchase more Bitcoin ( BTC ). As of May 19, the investment firm holds 7,800 BTC which brings the company’s total Bitcoin investments to $846.9 million based on current market prices. Metaplanet chief executive Simon Gerovich had declared that the company aims to amass 10,000 BTC by the end of 2025. After its latest purchase of 1,004 BTC on May 19, Metaplanet has reached 78% of that target, making it one of the largest corporate Bitcoin holders in Asia. Price chart for Bitcoin over the past few days, May 28, 2025 | Source: crypto.news You might also like: Inspired by Saylor’s Strategy, TopWin shifts to digital assets by rebranding to ‘AsiaStrategy’ According to the notice, the bonds carry no interest and can be redeemed in full on Nov. 27 at $1.25 million per bond at face value. However, EVO FUND is granted the option to redeem the bonds before the redemption date by providing a written notice to Metaplanet at least five business day before the desired early redemption date. Early redemption can be made for all or part of the outstanding bonds. If Metaplanet decides to hold a separate fundraising initiative in the future involving EVO Fund then the amount of U.S. dollars paid by EVO FUND to Metaplanet could change depending on the fundraising result. If the funds raised on or after the issuance date reaches a multiple of $1.25 million, which is the face value of one bond, Metaplanet is allowed to redeem the same number of bonds by the multiplier at $1 per $1 of face value on the next trading day. You might also like: Metaplanet issues another set of 0% ordinary bonds to purchase more Bitcoin

Most Read News

Moralis Money
Market Cap
24h Vol
62.63%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.