Metaplanet Secures $130 Million Loan to Boost Bitcoin Holdings

Metaplanet, a Tokyo-based firm specializing in Bitcoin treasury management, secured a $130 million loan to acquire more Bitcoin. This move increases their total borrowing capacity to $230 million. The company will use the loan to expand its BTC holdings without selling existing assets. 📈 This decision comes as Metaplanet grapples with a reported $643 million loss and aligns with a growing trend of institutional investors utilizing Bitcoin as collateral for loans. 💪 Investors have responded positively, boosting the price of Bitcoin treasury stock prices in response. 💰 The company’s strategic move reflects broader industry trends where companies leverage their Bitcoin holdings as long-term assets rather than speculative tools. This approach highlights Bitcoin’s evolving role within financial markets.