$6.8M Loan for Buying Bitcoin: Is it A Good Idea for Metaplanet?

Metaplanet Inc., a Japanese investment firm, has obtained a 1 billion yen ($6.8 million) loan to buy Bitcoin (BTC). The loan has an annual interest rate of 0.1%. This action shows that Metaplanet is serious about its long-term growth strategy involving acquisitions in Bitcoin. Metaplanet Secures Loan to Buy Bitcoin Metaplanet’s board of directors agreed to […] source: https://www.thecoinrepublic.com/2024/08/08/6-8m-loan-for-buying-bitcoin-is-it-a-good-idea-for-metaplanet/