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Metaplanet KK ( (JP:3350) ) has issued an announcement.
Metaplanet Inc. has announced the issuance of its 13th Series of Ordinary Bonds, totaling USD 25 million, to EVO FUND. The proceeds from this issuance are intended for the purchase of Bitcoin, with redemption funds expected from the exercise of stock acquisition rights. This strategic move is anticipated to have minimal impact on the company’s consolidated financial results for the fiscal year ending December 2025.
More about Metaplanet KK
Metaplanet Inc. operates in the financial sector, focusing on innovative financial solutions and investments. The company is involved in issuing financial instruments and has a market focus on leveraging cryptocurrency investments.
Average Trading Volume: 43,348,566
Technical Sentiment Signal: Buy
Current Market Cap: Yen213.6B
Learn more about 3350 stock on TipRanks’ Stock Analysis page.