Metaplanet, a Tokyo-based cryptocurrency treasury entity, has secured an additional $130 million in financing, boosting its Bitcoin-backed credit line to $230 million. This strategic move aligns with the company’s vision to bolster its Bitcoin acquisitions and explore lucrative opportunities for revenue generation. The loan structure utilizes flexible interest rates linked to the US dollar and automatically renews daily, ensuring seamless repayment based on Metaplanet’s available Bitcoin assets. 30,823 Bitcoins held by the firm currently represent a significant value of roughly $2.7 billion, providing an ample buffer for adhering to financial policies and mitigating risk during market volatility.