Japanese public company MetaPlanet has announced the execution of a $130 million loan under its credit line agreement, using its Bitcoin holdings as collateral. The credit line has a limit of $500 million, with $230 million already utilized. MetaPlanet currently holds 30,823 BTC, sufficient to meet collateral requirements. The funds will be used to purchase additional Bitcoin, expand Bitcoin revenue operations, and potentially repurchase shares if market conditions allow. The company anticipates a minimal impact on its 2025 financial performance from this borrowing.
MetaPlanet Secures $130 Million Loan Backed by Bitcoin Holdings
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