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Bitcoin Cointelegraph

Metaplanet taps $100M Bitcoin-backed loan for BTC purchases, share buyback

The loan came shortly after Metaplanet launched a $500 million Bitcoin-backed share buyback program, after its market-based net asset value fell below 1.0.

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

Metaplanet taps $100M Bitcoin-backed loan for BTC purchases, share buyback

The loan came shortly after Metaplanet launched a $500 million Bitcoin-backed share buyback program, after its market-based net asset value fell below 1.0.

Why this matters

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

Original source

Read on Cointelegraph

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