Metaplanet Secures ¥1 Billion Loan To Buy More Bitcoin

Metaplanet, a publicly listed Japanese investment firm, has secured a ¥1 billion ($6.8 million) loan to purchase additional Bitcoin. This comes just days after announcing plans to raise ¥10.08 bill...

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Metaplanet Secures ¥1 Billion Loan To Buy More Bitcoin

Source: Bitcoin Magazine

Metaplanet, a publicly listed Japanese investment firm, has secured a ¥1 billion ($6.8 million) loan to purchase additional Bitcoin. This comes just days after announcing plans to raise ¥10.08 billion through a stock rights offering, mostly for Bitcoin buys. Metaplanet first revealed its Bitcoin treasury strategy in May, aiming to hedge against yen depreciation. The […]

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