Metaplanet plans $329M bond sale to cut Bitcoin-backed debt and buy back shares

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Metaplanet plans to raise about $329 million through a bond sale, using the proceeds to repay Bitcoin-backed borrowing and buy back shares. The move would reduce leverage tied to its Bitcoin holdings while supporting its stock price, though the reported plan comes from a single source. It signals an effort to manage balance-sheet risk without indicating a change in the company’s broader Bitcoin strategy.

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