Metaplenet, a Japanese hotel manager turned into Bitcoin Treasury Company, has completely paid 2 billion yen ($ 13.5 million) in bonds earlier than expected, since it seeks to underpin its financial position.
Metaplenet made an early redemption of its ninth series of ordinary bonds on April 4, more than five months before the expiration date, the company revealed on April 7.
The zero interest bonds were issued in March through the Evo Metaplanet Fund and were used to acquire additional bitcoin (BTC). Since the bonds have zero interest, the reimbursement would not have a material impact on the fiscal results of the company’s 2025, he said.
Fountain: Metaplenet
Metaplanet, which publicly quotes in the Tokyo Stock Exchange, has turned Bitcoin into the center of its corporate strategy through a series of acquisitions. The company’s Bitcoin balance has increased to 4,206 BTC, placing it among the 10 main headlines that are publicly negotiated.
The acquisitions are part of a broader strategy revealed in January that could see the purchase of Metaplanet up to 21,000 BTC by the end of 2026. At that time, the company said it planned to raise more than $ 700 million to help finance its Bitcoin shopping wave.
Related: The Metaplanet action price increases 4,800% as the BTC company batteries
CEO comments about Bitcoin Price Action
Metaplenet has apparently adopted Bitcoin’s volatility, after adopted a purchase purchase mentality to acquire more of the digital asset.
During the weekend, the CEO of Metaplenet, Simon Gerovich, described the volatility of Bitcoin “a natural part of an asset that is really weird, diversified and has a long -term potential,” according to a translated version of its publication on social networks.
Fountain: Simon Gervich
The price of Bitcoin is under renewed pressure as part of a global general sale in risk assets derived from the announcement of the “day of release day” of US President Donald Trump last week. The BTC price was submerged below $ 80,000 on April 7, according to Cointegraph Markets Pro.
Bitcoin’s performance reflects the broader decreases in US actions, with the S&P 500 reference index losing $ 5 billion in two negotiation sessions.
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