Metaplanet Secures $100M Bitcoin-Backed Loan to Fuel Growth

Metaplanet, a leading Tokyo Stock Exchange-listed firm, has secured a significant $100 million loan using its Bitcoin holdings as collateral. This innovative move signals a strategic shift towards Bitcoin-centric operations and will bolster the company’s purchasing power. 3% of Metaplanet’s total Bitcoin reserves secure this financial facility, ensuring market stability during potential fluctuations. This bold approach aligns with growing trends in corporations leveraging their assets to capitalize on cryptocurrency’s growth potential.