coin-img-KITEKITE-14.41%coin-img-ETHETH-0.40%coin-img-BTCBTC-0.86%coin-img-SOLSOL-0.60%coin-img-UCNUCN+0.99%coin-img-XRPXRP-0.19%coin-img-ASTERASTER-1.61%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-14.41%coin-img-ETHETH-0.40%coin-img-BTCBTC-0.86%coin-img-SOLSOL-0.60%coin-img-UCNUCN+0.99%coin-img-XRPXRP-0.19%coin-img-ASTERASTER-1.61%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-14.41%coin-img-ETHETH-0.40%coin-img-BTCBTC-0.86%coin-img-SOLSOL-0.60%coin-img-UCNUCN+0.99%coin-img-XRPXRP-0.19%coin-img-ASTERASTER-1.61%coin-img-USDCUSDC+0.03%coin-img-KITEKITE-14.41%coin-img-ETHETH-0.40%coin-img-BTCBTC-0.86%coin-img-SOLSOL-0.60%coin-img-UCNUCN+0.99%coin-img-XRPXRP-0.19%coin-img-ASTERASTER-1.61%coin-img-USDCUSDC+0.03%
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Gino Matos

Metaplanet draws $100 million from Bitcoin-backed credit facility to expand holdings

Metaplanet drew $100 million from a Bitcoin-collateralized credit facility on October 31 to fund additional BTC purchases, options-premium operations, and share buybacks. The Tokyo-based firm holds approximately 30,823 BTC and targets 210,000 BTC by 2027. The financing tests whether credit secured against existing Bitcoin reserves can replace equity issuance when stock valuations fall below net asset value.
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