Bitnine Decides to Issue Convertible Bonds Worth 28 Billion KRW

[Asia Economy Reporter Minji Lee] Bitnine announced on the 6th that it has decided to issue the second tranche of unnamed, interest-bearing, unsecured private convertible bonds worth 28 billion KRW.

The funds are intended for operating capital and acquiring securities of other corporations, with a nominal interest rate of 0% and a maturity interest rate of 3.5%.