Key Notes

Asian MicroStrategy, Metaplanet, has secured $130 million loan for the acquisition of more Bitcoin.

This follows an initial $100 million loan, which was also directed to BTC purchase.

These loans were secured by the Bitcoin already held by the company.

Asian financial firm Metaplanet has secured $130 million in loans to acquire more Bitcoin BTC $87 174 24h volatility: 0.8% Market cap: $1.74 T Vol. 24h: $71.72 B .

This move reflects its commitment to boosting its BTC holdings and establishing the company’s position in the broader crypto industry.

The secured credit facility has a total limit of $500 million, and $230 million have already been drawn.

Metaplanet Reaffirms Strong Bitcoin Position

On November 21, Metaplanet executed a new loan ,

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