Metaplanet said it will issue ¥8 billion ($50 million) in zero-interest bonds to expand its Bitcoin holdings, according to a Friday statement, extending a financing strategy that has defined its balance sheet shift toward digital assets.

The issuance marks the firm’s 20th series of ordinary bonds and will mature in April 2027. The bonds are unsecured and carry no interest, giving the company access to capital without added debt servicing costs. Proceeds are earmarked for additional Bitcoin purchases, with repayment due at par upon maturity.

The bonds were allocated to EVO FUND, a Cayman-based investor tied to Evolution Financial Group that has backed several of the…

Read more on BitcoinMagazine