Metaplanet Repays 8 Billion Yen Bonds Early, Adjusts Bitcoin Purchase Plan

TechFlow reported that on November 2, according to an official announcement by Metaplanet, the company used its own funds to fully repay in advance the Series 20 ordinary bonds issued to EVO FUND, with a principal amount of 8 billion yen and an original maturity date of April 23, 2027.

The company also adjusted the use of proceeds for the Series 27 stock acquisition rights, reallocating 8 billion yen originally allocated for debt repayment toward Bitcoin purchases, raising the planned allocation for this initiative from 25.422 billion yen to 33.422 billion yen; the planned amount for the Bitcoin yield business remains unchanged at 3.714 billion yen.