Hyper Corporation Completes Payment for KRW 40 Billion Convertible Bonds

Hyper Corporation announced on the 29th that it has successfully completed the payment for its convertible bonds (CB) worth 40 billion KRW. These CBs were issued through the 15th and 16th private placements, and the entire amount was paid in full according to the previously disclosed terms.

With this capital raise, Hyper Corporation plans to strengthen its financial structure and officially embark on its long-prepared digital asset-centered treasury strategy. The company had already completed the restructuring of non-core businesses last year and proactively established a foundation for collaboration with global partners.

This business transition is not merely an expansion of the portfolio but represents a structural change that redefines the company's brand identity and direction. Hyper Corporation has established a foundation to flexibly respond to a complex regulatory environment, leveraging its accumulated financial liquidity, experience in policy response as a listed company, and blockchain expertise.

In particular, the company is advancing its management system by comprehensively refining its capital, strategy, talent, and governance with the goal of becoming the largest digital asset treasury company in Korea. Hyper Corporation is building trust with the market and investors by focusing on a trust-based organization and core personnel with expertise, and is also establishing an execution foundation for securing large-scale digital assets through collaboration with major global partners. The company is steadily establishing a management system that considers both long-term profitability and global connectivity.

Lee Sangseok, CEO of Hyper Corporation, stated, "Digital assets, including Bitcoin, have now become strategic investment instruments on par with traditional assets, and the global market is rapidly institutionalizing around them." He added, "As a company equipped with both technological capability and operational experience, Hyper Corporation will lead the digital asset-based treasury strategy in Korea."

Hyper Corporation plans to go beyond simple asset holding and emerge as a leading company that sets the new standard for corporate financial strategy through its digital asset-based treasury strategy.