Metaplanet Secures ¥2 Billion Loan to Expand Bitcoin Holdings
- Metaplanet is borrowing ¥2 billion, approximately $13.5 million, to purchase more bitcoin.
- The announcement was made via Metaplanet’s X account on a Tuesday evening.
- The firm currently holds 2,888 BTC in its treasury.
- Metaplanet plans to acquire a total of 21,000 bitcoin by the year 2026.
Japanese hotel developer and bitcoin treasury firm Metaplanet has announced a strategic move to borrow approximately $13.5 million to increase its bitcoin holdings, aiming for a total of 21,000 BTC by 2026.
Source (2.6)https://news.bitcoin.com/metaplanet-borrows-%C2%A52-billion-to-buy-more-bitcoin/?rand=52384
