Metaplanet Draws $130m for Further Bitcoin Acquisitions Under Credit ...

Metaplanet Executes $130M Bitcoin-Backed Loan to Buy Even More BTC

Metaplanet has officially entered Phase 2 of the Bitcoin corporate playbook. In a disclosure released today (Nov 25), the Japanese public company con

Metaplanet borrows $130m to buy Bitcoin as risks loom

Despite ongoing crypto market volatility, Metaplanet opted for a leveraged strategy for its latest Bitcoin acquisition.

Metaplanet Borrows $130M From $500M Credit Facility To Fund BTC Purchase

Key Insights The BTC Treasury co. exercised its power under a $500M Credit Facility Agreement. Metaplanet’s loan announcement comes as Strategy faces potential delisting from major stock indices. Metaplanet (MTPLF on OTCQX) holds 30,823 BTC, 90% of Japan’s supply. Japan is the second-largest Asian country in terms of holdings. Metaplanet is the second-largest BTC treasury company after the US-based Strategy. Recently, DATs raised serious concer…

Metaplanet Reveals Yet Another Move to Add to $2.7 Billion Bitcoin Stash, Taking $130M Loan

Bitcoin treasury Metaplanet has announced a new plan to buy more BTC: Use its holdings as collateral to take a $130 million loan.

Metaplanet Borrows Another $130 Million Against Its Bitcoin Stash To Load Up On More BTC

Bitcoin treasury firm Metaplanet is buying more Bitcoin after securing a $130 million loan using its huge crypto holdings as collateral.