Metaplanet has announced a private placement of $1.25 million in Bitbonds through its Metaplanet Securities arm, with an annual interest rate of 4% to 4.3%. The offering is designed to help Metaplanet raise funds at a lower cost of capital than most bitcoin treasury companies, with proceeds used to accumulate bitcoin.
Metaplanet has announced a private placement of $1.25 million in Bitbonds through its Metaplanet Securities arm. The bonds carry an annual interest rate of 4% to 4.3%.
The offering is expected to help Metaplanet raise capital at a lower cost of funds than most bitcoin treasury companies, with proceeds earmarked for accumulating additional bitcoin.
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