Metaplanet launched its BitBonds program with a ¥200 million, approximately $1.2 million, inaugural bond issuance offering annual interest rates of about 4.0% to 4.3%.

The inaugural unsecured bonds offer annual interest of up to 4.3%, while exposing investors to metaplanet’s credit and bitcoin-linked balance-sheet risks

Metaplanet said a 5,014 BTC transfer was a custody move, not a sale, as the Bitcoin treasury company rolls out fixed-rate debt program.