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![DylanLeClair_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1649128015.png) Dylan LeClair [@DylanLeClair_](/creator/twitter/DylanLeClair_) on x 420.1K followers
Created: 2025-06-25 01:02:25 UTC

Metaplanet raised ~$517M in equity capital on day #1 of the ‘555M Plan’, while simultaneously extinguishing $281M of X% ordinary bonds. 

BTC Rating (BTC NAV / Debt) —rerated from 4.0x to 97.8x in the process. Metaplanet now holds ~$1.18B in $BTC against ~$0.012b in bonds.


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1937677729064992817/c:line.svg)

**Related Topics**
[acquisition](/topic/acquisition)
[stocks](/topic/stocks)
[japanese yen](/topic/japanese-yen)
[$0012b](/topic/$0012b)
[$btc](/topic/$btc)
[$118b](/topic/$118b)
[debt](/topic/debt)
[nav](/topic/nav)

[Post Link](https://x.com/DylanLeClair_/status/1937677729064992817)