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Metaplanet Breaks Ground With $100M Bitcoin-Backed Loan Strategy

Metaplanet Breaks Ground With $100M Bitcoin-Backed Loan Strategy

By Crypto Economy
The Japanese company Metaplanet has secured a $100 million loan backed by its 30,823 BTC treasury, representing 3% of its total Bitcoin reserves. The loan carries no expiration date and is part of a $500 million credit facility. The lender has not been disclosed.

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