Metaplanet to issue $329M convertible bonds to pay debt, fund share buybacks

etf

Metaplanet plans to issue ¥50 billion (about $329 million) in zero-interest convertible bonds, with proceeds earmarked to repay existing debt and fund share buybacks. The move pairs balance-sheet refinancing with an effort to support its stock price, while preserving the potential to raise capital through conversion. For Bitcoin, the announcement signals continued corporate treasury activity around Bitcoin, but the bond proceeds are not described as funding new Bitcoin purchases.

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