Metaplanet Borrows $100 Million Against Its Bitcoin Holdings—To Buy More BTC
Yahoo Finance·2025-11-06 02:59
Japanese Bitcoin treasury Metaplanet is buying more Bitcoin after securing a $100 million loan using its crypto as collateral, the Tokyo Stock Exchange-listed company announced. In a Tuesday notice to its shareholders, the company said that it was tailoring its borrowing and BTC accumulation strategy to account for Bitcoin's price volatility. It reassured investors that "the company has adopted a conservative financial management policy of executing loans only within a range where collateral adequacy can b ...