Metaplanet, a Japanese firm, has successfully raised $130 million by using Bitcoin as collateral. The funds will be used to purchase additional Bitcoin, demonstrating the company's bullish stance on the cryptocurrency. This move highlights the growing trend of leveraging existing crypto assets to expand holdings, reflecting confidence in Bitcoin's long-term value.
Metaplanet Secures $130 Million with Bitcoin Collateral to Acquire More BTC
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
