Metaplanet Proposes ¥52B Convertible Bond to Repay Bitcoin-Backed Debt and Buy Back Shares
Metaplanet plans to raise ¥52 billion through five-year convertible bonds, using proceeds to repay Bitcoin-backed borrowing and buy back shares—not buy more BTC. The move could ease collateral risk, but initially adds debt, with key financing terms still unsettled.
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