PANews reported on March 4 that Metaplanet announced that the company completed the large-scale exercise of the 13th and 14th series stock subscription rights through a third-party private placement, raising a total of approximately 12.97 billion yen (approximately 87 million US dollars). This financing was supported by EVO FUND, and part of the funds have been used to redeem the previously issued 7th ordinary bonds in advance. Metaplanet plans to use the funds to continue to increase its holdings of Bitcoin to strengthen its digital asset investment strategy.