Metaplanet unveils $380 million share buyback after stock crashes nearly 90% from peak
Japanese Bitcoin treasury firm Metaplanet plans to raise $329 million through convertible bonds to fund share buybacks and refinance Bitcoin-backed loans after…
Tag: Metaplanet
Bitcoin companies are learning that holding forever takes cash
Japanese treasury firm Metaplanet sold and rebought Bitcoin at a higher price to prove its liquidity to creditors, highlighting the cash required…
Metaplanet sold 10,000 Bitcoin in a credit-rating bid, only to buy back 11,000 BTC at a higher price per coin
Metaplanet sold 10,000 Bitcoin to clear its debt and improve its credit profile, subsequently repurchasing 11,000 BTC at a higher price during…