Metaplanet Doubles Down: $130M Loan to Buy More BT Despite $643M Loss – Bold or Reckless?
Metaplanet, Japan’s largest company Bitcoin holder, secured a brand new $130 million mortgage to buy further BTC regardless of sitting on over $635 million in unrealized losses. The firm disclosed the borrowing in a November 21 submitting underneath a beforehand established $500 million credit score facility introduced in late October. The lender stays undisclosed on…
