Metaplanet said it has fully repaid in advance the 20th series of ordinary bonds it issued to EVO FUND, with principal totaling JPY 8 billion. The bond had originally been scheduled to mature in April 2027. At the same time, the company revised the planned use of proceeds tied to its 27th series of stock acquisition rights. The JPY 8 billion that had been earmarked for bond repayment will now be redirected to Bitcoin purchases. As a result, the planned amount allocated to Bitcoin buying has been raised from JPY 25.422 billion to JPY 33.422 billion. The planned amount for the company’s Bitcoin income business remains unchanged at JPY 3.714 billion. The update was reported by ChainCatcher, citing a company announcement.
Metaplanet has fully repaid ahead of schedule the 20th series of ordinary bonds it issued to EVO FUND, according to a company announcement cited by ChainCatcher. The principal amount was JPY 8 billion, and the bonds had originally been set to mature in April 2027.
The company also revised the planned use of proceeds for its 27th series of stock acquisition rights. The JPY 8 billion previously intended for bond repayment will be reallocated to Bitcoin purchases, increasing the planned amount for that purpose from JPY 25.422 billion to JPY 33.422 billion. The planned amount for its Bitcoin income business remains JPY 3.714 billion.
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