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Japanese listed company Metaplanet has repaid 2 billion yen bonds in advance.
PANews reported on April 7 that according to Cointelegraph, the Japanese listed company Metaplanet has fully repaid bonds worth 2 billion yen (13.5 million USD) in advance to strengthen its financial position. Metaplanet redeemed its ninth series of ordinary bonds on April 4, more than five months ahead of the maturity date, and the company disclosed this news on April 7. These zero-coupon bonds were issued in March through Metaplanet's Evo fund for the acquisition of additional Bitcoin (BTC, priced at $78,509). The company stated that since these bonds are zero-coupon bonds, the repayment would not significantly impact the company's performance for the fiscal year 2025. Metaplanet seems to have embraced the volatility of Bitcoin and adopted a buy-the-dip mentality to acquire more of this digital asset. According to translations of its social media posts, Metaplanet CEO Simon Gerovich stated over the weekend that the volatility of Bitcoin "is a natural component of a truly rare, diversified asset with long-term potential."