Metaplanet Proposed issuance of 52000000000 yen, 2031 year zero-coupon unsecured convertible bonds, with part of the funds to be used to repay Bitcoin-backed credit and the remainder for share buybacks.
Metaplanet announced the issuance of 52000000000 yen, 2031-year-maturity zero-coupon convertible bonds, primarily to repay Bitcoin-backed borrowings and repurchase shares, and not directly to increase its Bitcoin holdings.
