PANews reported on April 7 that according to Cointelegraph, the Japanese listed company Metaplanet has fully repaid bonds worth 2 billion yen (13.5 million USD) in advance to strengthen its financial position. Metaplanet redeemed its ninth series of ordinary bonds on April 4, more than five months ahead of the maturity date, and the company disclosed this news on April 7. These zero-coupon bonds were issued in March through Metaplanet’s Evo fund for the acquisition of additional Bitcoin (BTC, priced at $78,509). The company stated that since these bonds are zero-coupon bonds, the repayment would not significantly impact the company’s performance for the fiscal year 2025.
Metaplanet seems to have embraced the volatility of Bitcoin and adopted a buy-the-dip mentality to acquire more of this digital asset. According to translations of its social media posts, Metaplanet CEO Simon Gerovich stated over the weekend that the volatility of Bitcoin “is a natural component of a truly rare, diversified asset with long-term potential.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
