The post Metaplanet Secures $130M Bitcoin-Backed Loan Amid Crypto Market Slide appeared first on Coinpedia Fintech News
Metaplanet just locked in a fresh $130 million loan using its massive Bitcoin reserves as collateral.
The deal expands one of the largest corporate Bitcoin-backed financing plays to date, arriving right as BTC trades far below the company’s cost basis, putting its strategy directly under market pressure.
