Metaplanet’s Strategic Financial Move
Metaplanet’s recent loan arrangement, with a notably low annual interest rate of 0.1%, is set to last six months and will require repayment in a lump sum. This loan, if fully utilized, will allow Metaplanet to purchase approximately 118.5 additional BTC, based on current market values.
This financial maneuver follows Metaplanet’s recent efforts to raise $70 million through a stock rights offering, of which $58 million is specifically allocated for increasing its Bitcoin holdings.·
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