{
  "version": 1,
  "event_id": "evt_d5ac35167714910c",
  "url": "https://xiyu.news/events/evt_d5ac35167714910c/",
  "json": "https://xiyu.news/api/events/evt_d5ac35167714910c.json",
  "type": "other",
  "status": "monitoring",
  "category": "crypto",
  "title": {
    "zh": "Metaplanet 拟发行约 520 亿日元零息可转债，用于偿还比特币担保借款及回购股份",
    "en": "【Metaplanet 拟发行约 3.33 亿美元零息可转债，用于还款及回购股票】"
  },
  "current_state": {
    "zh": "Metaplanet拟发行520亿日元零息可转债（2031年到期），其中最多283亿日元用于股票回购（含最多253亿日元场外大宗交易，涉及约7.1%股份），约236亿日元用于偿还信贷并释放抵押比特币，无直接用于增持BTC的收益。",
    "en": "Metaplanet plans to issue ¥52B zero-coupon convertible bonds due 2031, with up to ¥28.3B for share buybacks (including up to ¥25.3B via off-exchange block for ~7.1% of shares) and ~¥23.6B to repay credit lines and release pledged bitcoin; no proceeds directly for additional BTC purchases."
  },
  "first_seen_at": "2026-10-13T10:23:16.603991+00:00",
  "last_updated_at": "2026-10-14T02:08:04.410059+00:00",
  "last_material_change_at": "2026-10-14T02:08:04.410059+00:00",
  "confidence": 0.75,
  "updates_count": 3,
  "sources_count": 6,
  "entities": [
    "convertible-bonds",
    "metaplanet"
  ],
  "identifiers": [],
  "topics": [
    "bitcoin-treasury",
    "btc",
    "convertible-bond",
    "convertible-bonds",
    "corporate-finance",
    "japan",
    "metaplanet",
    "share-buyback"
  ],
  "updates": [
    {
      "update_id": "upd_82239bd425dd283c",
      "event_id": "evt_d5ac35167714910c",
      "occurred_at": "2026-10-13T09:07:43Z",
      "published_at": "2026-10-13T09:07:43Z",
      "first_seen_at": "2026-10-13T10:23:16.603991Z",
      "time_precision": "published",
      "update_type": "initial",
      "material_change": true,
      "title_zh": "【Metaplanet 拟发行约 3.33 亿美元零息可转债，用于还款及回购股票】",
      "title_en": "【Metaplanet 拟发行约 3.33 亿美元零息可转债，用于还款及回购股票】",
      "what_changed_zh": "Metaplanet将发行约3.33亿美元、2031年到期的零息欧元-日元可转换债券，用于偿还比特币抵押信贷并资助股票回购，明确排除新增比特币购买，其贷款与BTCNAV比率约为17.7%，高于其10%的目标。",
      "what_changed_en": "Metaplanet is issuing ~$333M of 2031-maturity zero-coupon Euro-yen convertible bonds to repay bitcoin-backed credit and fund share buybacks, explicitly excluding new bitcoin purchases, while its loan-to-BTCNAV ratio of ~17.7% sits above its 10% target.",
      "current_state_zh": "Metaplanet将发行约3.33亿美元、2031年到期的零息欧元-日元可转换债券，用于偿还比特币抵押信贷并资助股票回购，明确排除新增比特币购买，其贷款与BTCNAV比率约为17.7%，高于其10%的目标。",
      "current_state_en": "Metaplanet is issuing ~$333M of 2031-maturity zero-coupon Euro-yen convertible bonds to repay bitcoin-backed credit and fund share buybacks, explicitly excluding new bitcoin purchases, while its loan-to-BTCNAV ratio of ~17.7% sits above its 10% target.",
      "detailed_summary_zh": "Metaplanet is issuing ~$333M of 2031-maturity zero-coupon Euro-yen convertible bonds to repay bitcoin-backed credit and fund share buybacks, explicitly excluding new bitcoin purchases, while its loan-to-BTCNAV ratio of ~17.7% sits above its 10% target.",
      "detailed_summary_en": "Metaplanet is issuing ~$333M of 2031-maturity zero-coupon Euro-yen convertible bonds to repay bitcoin-backed credit and fund share buybacks, explicitly excluding new bitcoin purchases, while its loan-to-BTCNAV ratio of ~17.7% sits above its 10% target.",
      "background_zh": "",
      "background_en": "",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "",
      "market_impact_en": "",
      "importance_score": 7.0,
      "references": [],
      "confidence": 0.75,
      "story_ids": [
        "telegram:foresightnews:120290",
        "telegram:theblockbeats:200238",
        "google_news:article:b368f15b9dfe6b4c",
        "telegram:theblockbeats:200334"
      ],
      "sources": [
        {
          "url": "https://foresightnews.pro/news/h5Detail/115083",
          "label": "foresightnews",
          "source_type": "telegram",
          "official": false
        },
        {
          "url": "https://m.theblockbeats.info/flash/371569?from=telegram",
          "label": "theblockbeats",
          "source_type": "telegram",
          "official": false
        },
        {
          "url": "https://thedefiant.io/converge/tradfi-and-fintech/metaplanet-plans-52-billion-bond-sale-to-refinance-bitcoin-loans",
          "label": "The Defiant",
          "source_type": "google_news",
          "official": false
        },
        {
          "url": "https://m.theblockbeats.info/flash/371668?from=telegram",
          "label": "theblockbeats",
          "source_type": "telegram",
          "official": false
        }
      ]
    },
    {
      "update_id": "upd_ec1d670451dc9306",
      "event_id": "evt_d5ac35167714910c",
      "occurred_at": "2026-10-13T10:23:07Z",
      "published_at": "2026-10-13T10:23:07Z",
      "first_seen_at": "2026-10-13T12:13:30.400438Z",
      "time_precision": "published",
      "update_type": "confirmation",
      "material_change": true,
      "title_zh": "Metaplanet将发行3.29亿美元可转换债券以偿还债务、资助股票回购",
      "title_en": "Metaplanet to issue $329M convertible bonds to pay debt, fund share buybacks",
      "what_changed_zh": "明确债券发行净收益中约1.49亿美元用于偿还比特币抵押贷款，约1.79亿美元用于股票回购；新设最高3.8亿美元回购计划，并确认不会出售任何BTC持仓。",
      "what_changed_en": "Clarified that ~$149M of net proceeds will repay Bitcoin-collateralized loans and ~$179M will fund share buybacks; new buyback program targets up to $380M; confirmed no BTC holdings will be sold.",
      "current_state_zh": "Metaplanet 拟发行约3.29亿美元（520亿日元）2031年到期的零息可转债，净收益中约1.49亿美元用于偿还比特币抵押贷款、约1.79亿美元用于股票回购，并启动最高3.8亿美元的回购计划；不会出售BTC，贷款与BTCNAV比率约17.7%，仍高于10%目标。",
      "current_state_en": "Metaplanet is issuing ~$329M (¥52B) of 2031-maturity zero-coupon convertible bonds, with ~$149M of net proceeds to repay Bitcoin-collateralized loans and ~$179M for share buybacks under a new up to $380M repurchase program; no BTC holdings will be sold, and its loan-to-BTCNAV ratio of ~17.7% remains above its 10% target.",
      "detailed_summary_zh": "Metaplanet announced it will issue ¥52 billion ($329 million) in zero-coupon convertible bonds due 2031, using roughly $149 million to repay Bitcoin-collateralized loans and $179 million for share buybacks under a new program targeting up to $380 million, without selling any BTC holdings.",
      "detailed_summary_en": "Metaplanet announced it will issue ¥52 billion ($329 million) in zero-coupon convertible bonds due 2031, using roughly $149 million to repay Bitcoin-collateralized loans and $179 million for share buybacks under a new program targeting up to $380 million, without selling any BTC holdings.",
      "background_zh": "",
      "background_en": "",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "",
      "market_impact_en": "",
      "importance_score": 7.0,
      "references": [],
      "confidence": 0.95,
      "story_ids": [
        "rss:cointelegraph.com_rss:94e7eab340ecb49b"
      ],
      "sources": [
        {
          "url": "https://cointelegraph.com/news/metaplanet-329m-convertible-bonds-pay-debt-share-buybacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound",
          "label": "Cointelegraph",
          "source_type": "rss",
          "official": false
        }
      ]
    },
    {
      "update_id": "upd_49516e3c645780ff",
      "event_id": "evt_d5ac35167714910c",
      "occurred_at": "2026-10-14T01:11:26Z",
      "published_at": "2026-10-14T01:11:26Z",
      "first_seen_at": "2026-10-14T02:08:02.750585Z",
      "time_precision": "published",
      "update_type": "confirmation",
      "material_change": true,
      "title_zh": "【Metaplanet 拟发行约 3.28 亿美元零息可转债，用于回购股份及释放抵押的比特币】",
      "title_en": "【Metaplanet 拟发行约 3.28 亿美元零息可转债，用于回购股份及释放抵押的比特币】",
      "what_changed_zh": "Metaplanet CEO Simon Gerovich 将以0.75%年利率出借最多5500万股个人持股，以降低机构投资者对冲借券成本并优化债券发行条件；8月18日宣布的对Super League Enterprise（SLE）的投资预计很快完成，但需经SLE股东大会批准并满足其他交割条件，交易完成后SLE计划更名为Superplanet, Inc.。",
      "what_changed_en": "Metaplanet CEO Simon Gerovich will lend up to 55 million personal shares at 0.75% annual interest to reduce institutional hedging borrowing costs and optimize bond issuance conditions; the August 18 announced investment in Super League Enterprise (SLE) is expected to complete soon, subject to SLE shareholder approval and other closing conditions, after which SLE plans to rename to Superplanet, Inc.",
      "current_state_zh": "Metaplanet 拟发行约520亿日元（约3.28亿美元）2031年到期的零息可转债，净收益中约1.49亿美元用于偿还比特币抵押贷款、约1.79亿美元用于股票回购，并启动最高3.8亿美元的回购计划；不会出售BTC，贷款与BTCNAV比率约17.7%，仍高于10%目标。此外，CEO Simon Gerovich 将以0.75%年利率出借最多5500万股个人持股以优化债券发行条件；8月18日宣布的对Super League Enterprise（SLE）的投资预计很快完成，交易完成后SLE计划更名为Superplanet, Inc.。",
      "current_state_en": "Metaplanet is issuing ~¥52B (~$328M) of 2031-maturity zero-coupon convertible bonds, with ~$149M of net proceeds to repay Bitcoin-collateralized loans and ~$179M for share buybacks under a new up to $380M repurchase program; no BTC holdings will be sold, and its loan-to-BTCNAV ratio of ~17.7% remains above its 10% target. Additionally, CEO Simon Gerovich will lend up to 55 million personal shares at 0.75% annual interest to optimize bond issuance conditions; the August 18 announced investment in Super League Enterprise (SLE) is expected to complete soon, after which SLE plans to rename to Superplanet, Inc.",
      "detailed_summary_zh": "Metaplanet announced a ¥52 billion (~$328M) zero-coupon convertible bond maturing 2031, with up to ¥28.3bn earmarked for discounted share buybacks and ¥23.6bn for debt repayment to release pledged bitcoin collateral and increase flexibility for further BTC purchases.",
      "detailed_summary_en": "Metaplanet announced a ¥52 billion (~$328M) zero-coupon convertible bond maturing 2031, with up to ¥28.3bn earmarked for discounted share buybacks and ¥23.6bn for debt repayment to release pledged bitcoin collateral and increase flexibility for further BTC purchases.",
      "background_zh": "",
      "background_en": "",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "",
      "market_impact_en": "",
      "importance_score": 7.0,
      "references": [],
      "confidence": 0.95,
      "story_ids": [
        "telegram:foresightnews:120341"
      ],
      "sources": [
        {
          "url": "https://foresightnews.pro/news/h5Detail/115130",
          "label": "foresightnews",
          "source_type": "telegram",
          "official": false
        }
      ]
    }
  ]
}
