Metaplanet Secures $500M Bitcoin-Backed Credit Line, Expands Treasury Strategy
On Tuesday, Metaplanet introduced a $500 million credit score facility backed by Bitcoin to assist long-term BTC holdings and enhance capital effectivity. The firm additionally continues its ¥75 billion ($500 million) share repurchase program. The announcement displays its rising function as a publicly traded Bitcoin treasury firm in Japan. However, some business observers have raised…
