Metaplanet to Raise $329M for Bitcoin Loans Refinancing and Stock Buybacks
Metaplanet plans a $329 million bond issuance to refinance Bitcoin-backed loans and execute a share buyback after a 90% stock decline.
Metaplanet plans a $329 million bond issuance to refinance Bitcoin-backed loans and execute a share buyback after a 90% stock decline. Bitcoin (BTC) is trading at $83,228.00, down 0.1% since this brief published. This is an original TLT brief based on reporting by CryptoSlate, with live market data added, as of Wed, 14 Oct 2026 01:45:02 UTC.
This move aims to stabilize Metaplanet's financial position amid significant stock volatility and manage its Bitcoin-backed debt exposure, highlighting the risks and strategies in crypto-related corporate finance.
- Metaplanet plans to raise $329 million through a 2031 Euro-yen convertible bond issuance.
- Funds will refinance Bitcoin-backed loans and support a $380 million share buyback program.
- The company's stock has fallen nearly 90% from its peak, prompting financial restructuring.
- Metaplanet to Raise $329M via Convertible Bonds for Debt Management
- Metaplanet Raises $340M for Bitcoin Loan Repayment and Shareholder Buybacks
- Metaplanet to Raise $329M for Bitcoin Loans Refinancing and Stock Buybacks — this brief
Metaplanet, a Japanese 
Bitcoin treasury company, announced on October 13 its plan to issue ¥52 billion ($329 million) in unsecured, zero-coupon Euro-yen convertible bonds due in 2031. The move aims to refinance existing Bitcoin-backed loans and execute a share buyback program worth $380 million.
The announcement comes as Metaplanet's stock has experienced a dramatic decline, falling nearly 90% from its peak. The company expects the bond issuance to close on October 29, signaling an urgent need to address its financial challenges.
The decision to refinance Bitcoin-backed loans reflects the volatility inherent in crypto-related corporate finance. By restructuring its debt and initiating a buyback, Metaplanet hopes to stabilize its financial position and potentially restore investor confidence.
The broader crypto market has shown resilience, with Bitcoin up 2.26% in the last 24 hours and the total market cap at $2.87 trillion. However, Metaplanet's situation underscores the risks companies face when heavily exposed to crypto assets.
Investors will be watching how the bond issuance impacts Metaplanet's financial stability and whether the share buyback can mitigate the effects of the stock's steep decline. The success of this strategy could influence similar companies navigating crypto market volatility.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from $83,323.00 to $83,228.00 — -0.11%.
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.
At today's peer-to-peer rate, 1 BTC ≈ ₦113.84M (about $83,228.00), up 1.1% over 24 hours. The naira itself trades about 2.7% 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.
Metaplanet to Raise $329M for Bitcoin Loans Refinancing and — questions & answers
What is Metaplanet refinancing?
Metaplanet is refinancing its Bitcoin-backed loans with a new $329 million bond issuance.
Why is Metaplanet executing a share buyback?
The share buyback aims to support the stock price after a 90% decline from its peak.
When will the bond issuance close?
The bond issuance is expected to close on October 29.
How much is 1 Bitcoin worth in naira today?
About ₦113.84M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $83,228.00. 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.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.11% since this brief first published — trading at $83,228.00 now versus $83,323.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoSlate. 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.