Metaplanet has increased its crypto-buying budget again
The Tokyo-listed treasury company
used its cash on hand on November 2
to repay early 8 billion yen of zero-interest debt from EVO FUND
originally due in April 2027
bringing repayment forward by nearly six months
With the debt fully repaid,
funds from the warrant offering that had been earmarked for repayment were freed up
The company stated
that all of the money would go toward buying Bitcoin
The planned purchase amount
rose from about 25.4 billion yen to about 33.4 billion yen
In Asia’s public markets,
few companies can directly translate “debt repayment” into “adding to BTC holdings”
The pace still depends on issuance and execution of purchases
but the direction is crystal clear
The balance sheet will prioritize accumulating $BTC
$BTC $BNB
#Metaplanet #比特币财库 #Japan
The Tokyo-listed treasury company
used its cash on hand on November 2
to repay early 8 billion yen of zero-interest debt from EVO FUND
originally due in April 2027
bringing repayment forward by nearly six months
With the debt fully repaid,
funds from the warrant offering that had been earmarked for repayment were freed up
The company stated
that all of the money would go toward buying Bitcoin
The planned purchase amount
rose from about 25.4 billion yen to about 33.4 billion yen
In Asia’s public markets,
few companies can directly translate “debt repayment” into “adding to BTC holdings”
The pace still depends on issuance and execution of purchases
but the direction is crystal clear
The balance sheet will prioritize accumulating $BTC
$BTC $BNB
#Metaplanet #比特币财库 #Japan
