
markets·5d ago
Metaplanet to Issue $329M in Convertible Bonds, Fund $380M Buyback
The Japanese bitcoin treasury company plans a ¥52 billion zero-coupon bond sale due 2031 as its shares trade far below their peak.
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Original coverage across the crypto market, updated daily.

The Japanese bitcoin treasury company plans a ¥52 billion zero-coupon bond sale due 2031 as its shares trade far below their peak.

The Tokyo-listed firm says up to 15% of total assets could go to strategic investments intended to support its Bitcoin accumulation.

Tokyo-listed Metaplanet's executive options pool grew from 46M to 319M shares as it issued equity for Bitcoin; investors want 273M canceled.

MSCI's new consultation on non-operating companies may remove Strategy and Metaplanet from its indexes.