Metaplanet Inc. Revises Bond Fund Allocation Strategy

Metaplanet KK (JP:3350) has released an update.

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Metaplanet Inc. has announced changes in the allocation of funds from its 5th Series of Ordinary Bonds, initially intended for Bitcoin purchases, will now prioritize bond redemption through proceeds from stock acquisition rights. This strategic shift ensures financial flexibility without affecting the company’s current fiscal outlook.

For further insights into JP:3350 stock, check out TipRanks’ Stock Analysis page.

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