Tokyo-listed Metaplanet sold 10,000 BTC and later repurchased 11,000 BTC in Q3 2026 to demonstrate to credit rating agencies and bond investors its ability to convert bitcoin into cash. This round trip transaction left it holding 44,000 BTC and raised about $793 million, covering its interest-bearing debt principal without repayment. The company aims to secure a credit rating by showing bitcoin as a liquid asset, clarifying this move does not change its long-term bitcoin strategy. Meanwhile, its bitcoin options revenue declined in Q3, but it maintains its full-year forecast and plans to allocate capital with 85%-90% in bitcoin and 10%-15% in income-producing assets.
Metaplanet's bitcoin holdings stand at 44,000 BTC after selling 10,000 BTC and repurchasing 11,000 BTC in Q3 2026, raising about $793 million to cover debt without repayment. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 05, 2026 21:12 WIB: out of 50 major cryptocurrencies priced on Pluang, 33 rose and 16 fell today. Notable movers include DOGE (Dogecoin) at Rp1.723 with a 1-day change of +2.87% and Pluang order activity of 25% Sell / 75% Buy, COTI at Rp251 (+2.78%, 46% Sell / 54% Buy), and ENJ (Enjin Coin) at Rp595 (-2.70%, 12% Sell / 88% Buy).
Oppenheimer has maintained its Outperform rating on Enphase Energy but lowered the price target from $56 to $55. Enphase Energy, a company specializing in solar microinverters, home batteries, and energy management products, has seen its shares drop ...
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OpenAI is currently facing numerous lawsuits due to AI-related hacks affecting companies and governments worldwide. These legal challenges pose significant risks not only to OpenAI but also to major AI players like Microsoft, Google, and Anthropic, p...
