Metaplanet, Japan's largest corporate Bitcoin holder, has secured a new $130 million loan to buy more Bitcoin despite unrealized losses of approximately $635 million. The loan, secured by its Bitcoin holdings, aims to support further accumulation of BTC, expand Bitcoin income businesses, and execute share buybacks. While supporters praise Metaplanet's long-term conviction, critics warn of risks tied to market volatility and leverage. The company maintains a strategic approach to capital management, issuing preferred shares to avoid dilution and targeting 210,000 BTC by 2027 amid challenging market conditions.
Continue to read Metaplanet's Bold $130M BTC Loan Amid $635M Loss: Strategic Vision or Risky Play?
Metaplanet, Japan's largest corporate Bitcoin holder, has secured a new $130 million loan to buy more Bitcoin despite unrealized losses of approximately $635 million. The loan, secured by its Bitcoin holdings, aims to support further accumulation of BTC, expand Bitcoin income businesses, and execute share buybacks. While supporters praise Metaplanet's long-term conviction, critics warn of risks tied to market volatility and leverage. The company maintains a strategic approach to capital management, issuing preferred shares to avoid dilution and targeting 210,000 BTC by 2027 amid challenging market conditions.
Continue to read Metaplanet's Bold $130M BTC Loan Amid $635M Loss: Strategic Vision or Risky Play?
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