Cryptopolitan·BTC
Metaplanet borrows to fund buybacks, repay loans as ¥52B bond buys zero Bitcoin
Early Tuesday, Metaplanet (TYO: 3350) announced plans to use the ¥52 billion ($340 million) it raises from its new zero-coupon convertible bonds to pay down Bitcoin-backed loans and buy back its own shares. The October 13 filing with the…