Metaplanet Raises $340M for Shareholder Buybacks and Loan Repayment
Metaplanet plans to use proceeds from ¥52 billion in zero-coupon bonds to repay Bitcoin-backed loans and repurchase shares.
Metaplanet plans to use proceeds from ¥52 billion in zero-coupon bonds to repay Bitcoin-backed loans and repurchase shares. Bitcoin (BTC) is trading at $83,603.00, up 0.5% since this brief published. This is an original Token Times brief synthesising 2 outlets (Cryptopolitan, Crypto.news), with their figures cross-checked, plus live market data, as of Tue, 13 Oct 2026 14:45:01 UTC.
This move highlights Metaplanet's strategic shift to reduce debt exposure and improve shareholder value while navigating the volatile crypto market. The decision to avoid Bitcoin purchases with bond proceeds suggests a cautious approach to crypto asset allocation.
- Metaplanet to raise ¥52 billion ($340M) through zero-coupon convertible bonds maturing in 2031.
- Funds will be used to repay Bitcoin-backed loans and repurchase company shares.
- No Bitcoin purchases planned with bond proceeds despite company's crypto exposure.
- Market reaction flat as Bitcoin shows modest 24h gain of 0.43%.
Both Cryptopolitan and Crypto.news report that Metaplanet will raise ¥52 billion ($340 million) through zero-coupon convertible bonds maturing in 2031. They agree that the funds will be used to repay Bitcoin-backed loans and repurchase company shares. However, Crypto.news does not mention the October 13 Tokyo Stock Exchange filing detail reported by Cryptopolitan.
Metaplanet, a company listed on the Tokyo Stock Exchange (TYO: 3350), has announced plans to issue ¥52 billion ($340 million) in zero-coupon convertible bonds maturing in 2031. The company will use the raised funds to repay 
Bitcoin-backed loans and repurchase its own shares, according to filings made on October 13.
The decision to use the bond proceeds for debt repayment and share buybacks, rather than investing in Bitcoin, suggests a strategic focus on reducing financial leverage and enhancing shareholder value. This approach reflects the company's cautious stance amid the volatile crypto market conditions.
While multiple outlets confirm the bond issuance details and the intended use of funds, Cryptopolitan provides additional context about the October 13 filing with the Tokyo Stock Exchange, which Crypto.news does not mention. This discrepancy does not affect the core facts of the story but highlights differences in reporting depth.
The broader crypto market remains relatively stable, with a total market cap of $2.87 trillion. Bitcoin, which is directly relevant to Metaplanet's financial strategy due to its Bitcoin-backed loans, is currently priced at $83,195, showing a modest 24-hour gain of 0.43% and a 7-day decline of 3.51%. The overall market sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 57.
This development is significant as it shows Metaplanet's strategic shift towards financial prudence while maintaining exposure to the crypto market. Investors will be watching how the company's debt reduction and share buyback plans impact its stock performance and overall financial stability in the coming months.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from $83,195.00 to $83,603.00 — +0.49%.
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 Token Times'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 ≈ ₹8.69M (about $83,603.00), up 1.2% over 24 hours. The rupee itself trades about 8.4% above the official rate on the P2P market, so a Indian 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.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Metaplanet Raises $340M for Shareholder Buybacks and Loan Re — questions & answers
What will Metaplanet do with the ¥52 billion raised?
The funds will be used to repay Bitcoin-backed loans and repurchase company shares.
Why isn't Metaplanet using the bond proceeds to buy Bitcoin?
The company is prioritizing debt reduction and shareholder value, indicating a cautious approach to crypto asset allocation.
When will the bonds mature?
The zero-coupon convertible bonds will mature in 2031.
How much is 1 Bitcoin worth in rupee today?
About ₹8.69M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,603.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.49% since this brief first published — trading at $83,603.00 now versus $83,195.00 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cryptopolitan, Crypto.news, with the key figures cross-checked for agreement across them. 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 Token Times 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.