FinanceCointelegraphabout 3 hours ago
Metaplanet Issues $329M Bonds to Pay Debt
1 min read
Metaplanet plans to issue 52 billion yen in zero-interest convertible bonds due in 2031 to repay Bitcoin-collateralized loans and fund share buybacks. The company will use 23.6 billion yen for debt repayment and 28.3 billion yen for buybacks, reducing reliance on loans without selling its 44,000 BTC holdings worth $3.6 billion.
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