Metaplanet Secures $100 Million Bitcoin Loan for Share Repurchases & Bitcoin Growth

Metaplanet, a Tokyo-based company with substantial Bitcoin holdings, has secured a $100 million loan backed by Bitcoin. This move demonstrates the growing trend of companies utilizing crypto assets as collateral in traditional finance. The funding will be used to enhance Metaplanet’s Bitcoin portfolio and repurchase shares, demonstrating its commitment to both crypto growth and shareholder value.