Metaplanet Fuels Bitcoin Bet With $50M Zero-Cost Debt Move

A Tokyo-listed company is borrowing $50 million to buy Bitcoin — and it won’t pay a single dollar in interest to do it. Metaplanet announced Thursday it had sold its 20th series of ordinary bonds, worth 8 billion Japanese yen, to EVO Fund — a Cayman Islands-based investor tied to Evolution Financial Group. Related Reading: […]