Metaplanet Just Used Bitcoin To Buy More Bitcoin—$100 Million Worth

Metaplanet Inc. has taken out $100 million in loans against its Bitcoin holdings, hoping to use that money to buy more Bitcoin and underpin operations. Related Reading: Coinbase Official Says Banks...

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Metaplanet Just Used Bitcoin To Buy More Bitcoin—$100 Million Worth

Source: Bitcoinist.com

Metaplanet Inc. has taken out $100 million in loans against its Bitcoin holdings, hoping to use that money to buy more Bitcoin and underpin operations. Related Reading: Coinbase Official Says Banks Are Standing In The Way Of Financial Innovation The Tokyo-listed company reportedly executed the loan at the end of October under an existing credit […]