Why did Warren Buffett’s Berkshire Hathaway issue six new yen bonds worth 90 billion yen?

In early April, Warren Buffett’s Berkshire Hathaway issued six new yen-denominated bonds worth 90 billion yen ($580 million). Funds from the issuance, while the smallest among deals dating back to 2019, could be used to deepen Berkshire’s stake in five major Japanese trading houses, according to Nikkei Asia’s correspondent Lisa Kim. As reported by Cryptopolitan, […] source: https://www.cryptopolitan.com/warren-buffett-6-new-yen-bonds-worth-90b-yen/