Metaplanet Prepays ¥8 Billion in Bonds, Adjusts Bitcoin Purchase Plan

Metaplanet has fully repaid its 20th series ordinary bonds issued to EVO FUND ahead of schedule, using its own funds to retire the ¥8 billion principal roughly five years before the original April 23, 2027 maturity date. Concurrently, the Tokyo-listed bitcoin treasury company reallocated the ¥8 billion originally earmarked for debt repayment within its 27th series stock acquisition rights offering toward bitcoin purchases, raising that allocation from ¥25.422 billion to ¥33.422 billion, while leaving the planned ¥3.714 billion for its bitcoin income-generation business unchanged. The early repayment removes a debt obligation from Metaplanet's balance sheet and signals a shift of capital toward expanding its bitcoin holdings rather than servicing borrowings. The move matters because it extends the company's leveraged accumulation strategy through equity-linked financing instead of debt, a structure investors have scrutinized given its bitcoin-per-share metrics. Watch for Metaplanet's next bitcoin purchase disclosures and any updates on how quickly the enlarged ¥33.422 billion allocation is deployed.