Metaplanet Secures $100 Million Bitcoin-Backed Loan to Expand Holdings
Metaplanet Inc., a Tokyo-based company, has secured a $100 million loan backed by its Bitcoin holdings to purchase more BTC, aiming to acquire 210,000 BTC by 2027. This strategic move reflects growing confidence in the cryptocurrency market and positions Metaplanet as a key player in corporate finance, potentially influencing other firms to leverage digital assets for growth.
Metaplanet Secures $100 Million Bitcoin-Backed Loan to Expand Holdings
Metaplanet Inc., a Tokyo-based company, has secured a $100 million loan backed by its Bitcoin holdings to purchase more BTC, aiming to acquire 210,000 BTC by 2027. This strategic move reflects growing confidence in the cryptocurrency market and positions Metaplanet as a key player in corporate finance, potentially influencing other firms to leverage digital assets for growth.
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