Metaplanet Secures $100 Million Bitcoin Loan for Growth Strategy

Tokyo-based Metaplanet Inc. secured a significant $100 million loan backed by Bitcoin to fuel future cryptocurrency acquisitions and share buybacks. This strategic move signifies their commitment to enhancing their Bitcoin holdings, with the goal of accumulating 210,000 BTC by 2027. The loan reflects a conservative financing structure built on substantial Bitcoin collateral, potentially impacting corporate treasury practices around digital asset utilization.