Metaplanet repays 2B yen bonds early, plans to purchase more Bitcoin

From Cointelegraph

April 7, 2025 11:20 am:

Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule to strengthen its financial position. The zero-interest bonds were used to acquire additional Bitcoin, bringing Metaplanet’s total BTC balance to 4,206. The company aims to purchase up to 21,000 BTC by 2026, with plans to raise over $700 million for its Bitcoin buying spree.

Metaplanet CEO Simon Gerovich embraces Bitcoin’s volatility, calling it a natural part of an asset with long-term potential. The recent global sell-off in risk assets, triggered by US President Trump’s tariff announcement, pushed Bitcoin’s price below $80,000. This decline mirrored losses in the US stock market, with the S&P 500 Index shedding $5 trillion over two trading sessions.

Read more at Cointelegraph: Metaplanet repays 2B yen bonds early, CEO comments on BTC ‘down days’