coin-img-KITEKITE-24.73%coin-img-ETHETH-3.69%coin-img-BTCBTC-2.46%coin-img-SOLSOL-3.63%coin-img-UCNUCN+1.07%coin-img-XRPXRP-2.19%coin-img-ASTERASTER-7.15%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-24.73%coin-img-ETHETH-3.69%coin-img-BTCBTC-2.46%coin-img-SOLSOL-3.63%coin-img-UCNUCN+1.07%coin-img-XRPXRP-2.19%coin-img-ASTERASTER-7.15%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-24.73%coin-img-ETHETH-3.69%coin-img-BTCBTC-2.46%coin-img-SOLSOL-3.63%coin-img-UCNUCN+1.07%coin-img-XRPXRP-2.19%coin-img-ASTERASTER-7.15%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-24.73%coin-img-ETHETH-3.69%coin-img-BTCBTC-2.46%coin-img-SOLSOL-3.63%coin-img-UCNUCN+1.07%coin-img-XRPXRP-2.19%coin-img-ASTERASTER-7.15%coin-img-USDCUSDC+0.03%
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Anas Hassan

Metaplanet Withdraws $100M from Bitcoin-Backed Credit Line for Further BTC Purchases

Tokyo-listed Metaplanet withdrew $100 million on October 31 from its $500 million Bitcoin-backed credit facility. The loan represents approximately 3% of the company's $3.5 billion BTC reserves. Proceeds will fund additional cryptocurrency acquisitions, expand options trading operations, and potentially support share repurchases.
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