Metaplanet adjusts $26.32M bond use from BTC purchase to debt repayment

Metaplanet, a Japan-listed company that holds Bitcoin (BTC) as a key asset, announced on its official X account that it has raised ¥4 billion ($26.32 million) through ordinary bonds, initially intended for BTC purchases. However, the company later redirected the funds for bond repayment to optimize fund management, reduce foreign exchange risk and maintain BTC as a core reserve asset.