Metaplanet repays over $13m in bonds early using warrant proceeds
Metaplanet Inc. finished the early repurchase and full reimbursement of his 9th series of ordinary bonds.
The reimbursement totals 2 billion yen ($ 13.5 million), the company announcement April 7.
Originally at the origin of the blackberry in September 2025, the obligations were issued to the EVO fund on March 18 without interest. The company had previously bought 1.5 billion yen of the obligations on March 27, citing the product of the exercise of the rights to acquire shares issued through the attributions of third parties.
Metaplanet Inc., formerly known as Red Planet Japan, is a Japanese company that has pivoted to become a Bitcoin cash company. He focuses on accumulation and management of bitcoin (BTC) As a basic asset and is registered on the Tokyo Stock Exchange.
The remaining balance of 500 million yen was settled on April 4, marking the full closure of the bond issue. Metaplanet confirmed that the funds for the redemption came from the payment of the EVO Fund during the exercise of the 13th to the 17th series of rights to acquire the company.
Since the obligations had no interest, the company expects the financial impact on its 2025 results is minimal.
Metaplanet Bitcoin purchase
Metaplanet acquired 160 additional bitcoin on April 2 at an average price of $ 80,063 per BTC. The purchase, worth around $ 13.39 million, brought the company’s total assets to 4,206 BTC as part of its current cash strategy.
Metaplanet’s long -term objective is to have 21,000 BTC by 2026. He wants to have more than 10,000 BTC by the end of 2025, establishing himself as the largest Bitcoin holder in Asia.
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