Metaplanet’s convertible bonds will raise $329M for debt repayment and buybacks

Metaplanet plans to raise 52 billion yen ($329 million) through convertible bonds to repay Bitcoin-backed debt and repurchase shares without selling its Bitcoin. The offering, announced on October 13, 2026, pairs longer-term financing with a buyback program aimed at increasing Bitcoin backing per share. Key takeaways The zero-coupon bonds mature on October 29, 2031. Proceeds […]