Japanese listed company Metaplanet has repaid 2 billion yen of bonds ahead of schedule

PANews reported on April 7 that according to Cointelegraph, Japanese listed company Metaplanet has repaid 2 billion yen (US$13.5 million) worth of bonds in full ahead of schedule to consolidate its financial situation. Metaplanet redeemed its ninth series of ordinary bonds in advance on April 4, more than five months ahead of the maturity date. The company disclosed the news on April 7. These zero-coupon bonds were issued through Metaplanet's Evo Fund in March to acquire additional Bitcoin (BTC, priced at US$78,509). The company said that since these bonds are zero-coupon bonds, repayment will not have a significant impact on the company's performance in fiscal 2025.

Metaplanet appears to have embraced Bitcoin’s volatility and adopted a buy-on-the-dip mentality to acquire more of the digital asset. Metaplanet CEO Simon Gerovich said over the weekend that Bitcoin’s volatility is “a natural part of a truly rare, diversified asset with long-term potential,” according to a translation of his social media post.

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Author: PA一线

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