On October 13, Tokyo-listed Metaplanet (TSE code: 3350) announced plans to issue ¥52 billion (approximately US$329 million) in zero-coupon euro-yen convertible bonds due 2031. The bonds are scheduled to be issued on October 29 and listed on the Singapore Exchange, with Merrill Lynch International acting as sole bookrunner. Net proceeds are expected to be approximately ¥51.9 billion.
According to the official disclosure, approximately ¥23.6 billion (approximately US$149 million) will be used to repay loans secured by Bitcoin, and up to approximately ¥28.3 billion (approximately US$179 million) will be used to repurchase the company’s own shares. As of the end of September 2026, the company held approximately 44,000 $BTC . The company said the move is intended to improve its debt structure and reduce its reliance on Bitcoin-backed loans. It will not sell its Bitcoin holdings, and the proceeds will not be used to acquire more Bitcoin. The conversion price has yet to be determined, and the conversion period is expected to begin around November 12, 2026.
#BTC #Metaplanet #行情 does not constitute investment advice
According to the official disclosure, approximately ¥23.6 billion (approximately US$149 million) will be used to repay loans secured by Bitcoin, and up to approximately ¥28.3 billion (approximately US$179 million) will be used to repurchase the company’s own shares. As of the end of September 2026, the company held approximately 44,000 $BTC . The company said the move is intended to improve its debt structure and reduce its reliance on Bitcoin-backed loans. It will not sell its Bitcoin holdings, and the proceeds will not be used to acquire more Bitcoin. The conversion price has yet to be determined, and the conversion period is expected to begin around November 12, 2026.
#BTC #Metaplanet #行情 does not constitute investment advice