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Oct 13, 2026

Metaplanet to issue $329 million in bonds for debt repayment and buybacks

Japanese Bitcoin treasury company Metaplanet announced plans to issue 52 billion yen ($329 million) in zero-coupon convertible bonds, allocating approximately $149 million to repay Bitcoin-backed loans and fund share buybacks rather than additional Bitcoin purchases.

Oct 13, 2026·3 sources
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Top claims

  • ▪Metaplanet's 2031 Euroyen bonds close on October 29, 2026, allowing bondholders to convert into ordinary shares between November 12, 2026, and October 15, 2031
  • ▪Metaplanet had drawn approximately $650 million against its $800 million Bitcoin-collateralized credit facility as of September 30, 2026, while holding 44,000 Bitcoins
  • ▪Metaplanet scheduled an off-market share repurchase of up to ¥25.3 billion through the Tokyo Stock Exchange's ToSTNeT-3 system on October 14, 2026

Subtopics

Bitcoin1Convertible bonds1Institutional crypto adoption1

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