Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position. The early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date, was disclosed by the company on April 7. The zero-interest bonds were issued in March through Metaplanet\u2019s Evo Fund and used to acquire additional Bitcoin (BTC). Since the bonds carry zero interest, the repayment would not have a material impact on the company\u2019s fiscal 2025 results, it said. Metaplanet, which trades publicly on the Tokyo stock exchange, has made Bitcoin the center of its corporate strategy through a series of acquisitions. The company\u2019s Bitcoin balance has swelled to 4,206 BTC, placing it among the top 10 publicly traded holders. The acquisitions are part of a broader strategy disclosed in January that could see Metaplanet purchase up to 21,000 BTC by the end of 2026. At the time, the company said it planned to raise more than $700 million to help fund its Bitcoin buying spree. Metaplanet has seemingly embraced Bitcoin\u2019s volatility, having adopted a buy-the-dip mentality to acquire more of the digital asset. Over the weekend, Metaplanet CEO Simon Gerovich called Bitcoin\u2019s volatility \u201ca natural part of an asset that is truly rare, diversified, and has long-term potential.\u201d Bitcoin\u2019s price is under renewed pressure as part of a global sell-off in risk assets stemming from US President Donald Trump\u2019s \u201cLiberation Day\u201d tariff announcement last week. The BTC price plunged below $80,000 on April 7, according to Cointelegraph Markets Pro. Bitcoin\u2019s performance mirrors broader declines in US stocks, with the benchmark S&P 500 Index losing $5 trillion over two trading sessions.<\/p>\n","protected":false},"excerpt":{"rendered":"
Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position. The early redemption of its 9th Series of Ordinary Bonds on April 4, more than five months before the maturity date, was disclosed […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/92958"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=92958"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/92958\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=92958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=92958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=92958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}