Japanese investment firm Metaplanet has borrowed $6.8 million from its shareholder MMXX Ventures to buy bitcoins. The loan has an annual interest rate of 0.1% and a term of six months.

- Metaplanet plans to use $58 million of its recently raised $70 million to buy bitcoins.

- The average price the firm buys bitcoins is $65,145, which is 12.8% lower than the current price.

- The company's shares have fallen from $20.50 to $4.39 after the cryptocurrency's "Black Monday". 📉