Metaplanet Announces ¥52B Bond Issue to Refinance Bitcoin Loans and Repurchase Shares
The Tokyo-listed company plans to raise $329 million through zero-interest convertible bonds to restructure debt and buy back shares.
The Tokyo-listed company plans to raise $329 million through zero-interest convertible bonds to restructure debt and buy back shares. Bitcoin (BTC) is trading at $81,230.00. This is an original TLT brief based on reporting by The Coin Republic, with live market data added, as of Thu, 15 Oct 2026 10:00:06 UTC.
This significant financing move aims to restructure Metaplanet's debt profile by replacing interest-bearing loans with unsecured debt, while also supporting shareholder value through share buybacks. The strategy reflects the company's confidence in its financial position and growth prospects.
- Metaplanet plans to raise ¥52 billion ($329M) via zero-interest convertible bonds.
- Funds will repay Bitcoin-backed loans and repurchase company shares.
- Transaction includes $192.4M in preferred share buybacks.
- Bitcoin price at $81,257, down 2.55% in 24 hours.
Metaplanet, a Tokyo-listed company, has announced plans to raise ¥52 billion ($329 million) through the issuance of zero-interest convertible bonds. This financing move is aimed at restructuring the company's debt and supporting its share buyback program.
The five-year bonds will be used to repay existing 
Bitcoin-backed loans, which are currently secured and bear interest. The new unsecured debt will mature in 2031, effectively replacing part of the company's current interest-bearing borrowing with a zero-interest obligation.
In addition to debt repayment, the funds will be used to repurchase company shares. Crypto.news reports that Metaplanet bought nearly 74 million of its common shares on October 14 as part of this strategy. The Coin Republic further notes that the transaction includes $192.4 million in STRC preferred share buybacks.
This announcement comes at a time when Metaplanet is looking to optimize its capital structure and potentially benefit from the current market conditions. The company's strategic use of convertible bonds allows it to raise capital without immediate interest expenses while providing flexibility for future financing needs.
In the broader market context, Bitcoin is currently trading at $81,257, down 2.55% in the last 24 hours and 2.07% over the past week. The total crypto market cap stands at $2.79 trillion, with the Fear & Greed Index at 53, indicating a neutral market sentiment.
Since this brief published about 36 hours ago, Bitcoin (BTC) has moved from $81,257.00 to $81,230.00 — -0.03%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $80,000 in October?
Crowd-implied probability on Polymarket, $78.36K 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 15 09:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦110.84M (about $81,230.00), down 2.4% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 15, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Metaplanet Announces ¥52B Bond Issue to Refinance Bitcoin Lo — questions & answers
What is Metaplanet planning to do with the raised funds?
The funds will be used to repay Bitcoin-backed loans and repurchase company shares.
How much is Metaplanet planning to raise through the bond issuance?
Metaplanet plans to raise ¥52 billion ($329 million) through the bond issuance.
What is the maturity of the new bonds?
The new bonds will mature in 2031.
How much is 1 Bitcoin worth in naira today?
About ₦110.84M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $81,230.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Coin Republic. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.