Tokyo-based cryptocurrency treasury entity Metaplanet has amplified its credit potential by securing an additional $130 million, expanding its Bitcoin-backed credit line to $230 million of the targeted $500 million. This financial maneuver underscores the company’s pledge to augment its Bitcoin acquisitions, explore income-generating opportunities, and potentially initiate share buybacks aligned with prevailing market dynamics.
Continue Reading:Metaplanet Fortifies Financial Strategy with New Bitcoin-Backed Funding
Source: https://en.bitcoinhaber.net/metaplanet-fortifies-financial-strategy-with-new-bitcoin-backed-funding