MetaPlanet has successfully raised $100 million in financing by leveraging its Bitcoin holdings as collateral, according to Coinpost. The funds, secured on October 31, will be allocated towards additional Bitcoin purchases, expanding yield-generating operations, and potentially repurchasing company shares. As of October 31, MetaPlanet holds a total of 30,823 Bitcoins, with the recent financing amount representing approximately 3% of its total assets.
MetaPlanet Secures $100 Million Financing Using Bitcoin Collateral
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