News · Crypto · Cointelegraph · Tue, Oct 13, 2026 11:00 AM
Metaplanet issues $329M zero-interest convertible bonds to cut debt
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Metaplanet will raise $329M through zero-interest convertible bonds, aiming to reduce debt and fund share buybacks without liquidating assets.
Metaplanet announced plans to issue $329 million in zero‑interest convertible bonds with a five‑year maturity. The move is intended to improve the company’s debt structure and reduce its reliance on Bitcoin‑collateralized loans.
Proceeds from the bond issue will be used to pay down existing debt and fund share buybacks, allowing the firm to return value to shareholders without liquidating its crypto holdings.
The issuance reflects a broader trend among crypto‑focused firms seeking more traditional financing options amid tightening market conditions.
Implications for the crypto debt market
Based on reporting from Cointelegraph. Read the original.
OpenBook analysis
Market impact
The bond issuance may signal a shift in how crypto companies manage leverage, potentially encouraging other firms to explore convertible debt to reduce exposure to volatile collateral. Investors watching the crypto sector may pay close attention to how this move affects Metaplanet’s credit profile and the broader appetite for crypto-backed financing. The use of zero-interest bonds could also influence expectations for future debt offerings in the industry.
General market context for education only, not investment advice.
This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections