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Metaplanet secures 1B yen loan to buy more Bitcoin

Just two days after revealing plans to raise $70 million via a stock rights offering, “Asia’s MicroStrategy” has taken a $6.8 million loan from one of its shareholders to buy more Bitcoin.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Metaplanet secures 1B yen loan to buy more Bitcoin

Just two days after revealing plans to raise $70 million via a stock rights offering, “Asia’s MicroStrategy” has taken a $6.8 million loan from one of its shareholders to buy more Bitcoin.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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