Metaplanet to Raise $329M via Convertible Bonds for Debt Management
Metaplanet plans to issue zero-coupon bonds to repay Bitcoin-backed debt and repurchase shares without selling its Bitcoin holdings.
Metaplanet plans to issue zero-coupon bonds to repay Bitcoin-backed debt and repurchase shares without selling its Bitcoin holdings. Bitcoin (BTC) is trading at $83,174.00. This is an original Token Times brief synthesising 2 outlets (The Cryptonomist, Cointelegraph), with their figures cross-checked, plus live market data, as of Tue, 13 Oct 2026 14:00:01 UTC.
This move aims to improve Metaplanet's debt structure and increase Bitcoin backing per share while avoiding the sale of its Bitcoin assets. It reflects a strategic shift in managing crypto-backed debt.
- Metaplanet to raise $329M through zero-coupon bonds maturing in 2031.
- Proceeds will repay Bitcoin-backed debt and repurchase shares.
- Strategy aims to increase Bitcoin backing per share without selling holdings.
Both The Cryptonomist and Cointelegraph report that Metaplanet plans to raise $329 million through zero-coupon bonds to repay Bitcoin-backed debt and repurchase shares. The Cryptonomet provides additional details on the bond maturity date of October 29, 2031, while Cointelegraph emphasizes the company's goal to reduce reliance on Bitcoin-collateralized loans. Both outlets agree on the $329 million figure and the dual objectives of debt repayment and share buybacks.
Metaplanet has announced plans to raise 52 billion yen, equivalent to $329 million, through the issuance of zero-coupon convertible bonds. The bonds, maturing on October 29, 2031, are intended to help the company manage its debt without selling its 
Bitcoin holdings.
The proceeds from the bond issuance will be used to repay Bitcoin-backed debt and repurchase shares, according to The Cryptonomist and Cointelegraph. This strategy aims to increase the Bitcoin backing per share, thereby strengthening the company's financial position.
The Cryptonomist and Cointelegraph both confirm the $329 million figure and the dual objectives of debt repayment and share buybacks. However, The Cryptonomist provides the specific maturity date of the bonds, while Cointelegraph highlights the company's goal to reduce its reliance on Bitcoin-collateralized loans.
This move comes as Metaplanet seeks to improve its debt structure and financial stability. By avoiding the sale of its Bitcoin assets, the company aims to maintain its long-term strategic position in the cryptocurrency market.
In the current market context, with the total crypto market cap at $2.87 trillion and Bitcoin trading at $83,214, Metaplanet's strategy reflects a broader trend of companies seeking to manage their crypto-backed debt more effectively. The Fear & Greed Index stands at 57, indicating a state of 'Greed' in the market.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from $83,214.00 to $83,174.00 — -0.05%.
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 ≈ ₹8.63M (about $83,174.00), up 0.4% over 24 hours. The rupee itself trades about 8.2% 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.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
Token Times 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 to Raise $329M via Convertible Bonds for Debt Man — questions & answers
What is the total amount Metaplanet plans to raise through bonds?
Metaplanet plans to raise $329 million through zero-coupon convertible bonds.
What will Metaplanet use the bond proceeds for?
The proceeds will be used to repay Bitcoin-backed debt and repurchase shares.
When do the bonds mature?
The zero-coupon bonds mature on October 29, 2031.
How much is 1 Bitcoin worth in rupee today?
About ₹8.63M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,174.00. 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.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Cryptonomist, Cointelegraph, 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.