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Metaplanet, the Tokyo Stock Exchange-listed company with substantial Bitcoin holdings, announced on October 14 that it has set the conversion price…
Metaplanet Convertible Bonds will raise $340 million to repay Bitcoin-backed debt, fund share buybacks, and improve the company’s financial position.
Metaplanet Plans $329M Convertible Bonds For Debt And Buybacks. Japan-based Bitcoin treasury company Metaplanet said it will raise <strong> 52 billion yen (about $329 million)</strong> through zero-coupon euro-yen convertible bonds due in <strong> 2031</strong>.