To Bolster its Bitcoin Strategy, Metaplanet Raises $328 Million

9m ago•

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Metaplanet issues $328 million zero percent bonds to buy back its shares and repay its Bitcoin-collateralized debt.

The Japanese company Metaplanet takes a new step in its financial strategy. By issuing 52 billion yen (~$328 million) of zero-coupon convertible bonds, the company aims to restructure its debt and buy back its own shares without selling its Bitcoins.

L’article To Bolster its Bitcoin Strategy, Metaplanet Raises $328 Million est apparu en premier sur Cointribune.

9m ago•

Cointribune

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