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Metaplanet borrows $130m to buy Bitcoin as risks loom – TON BOT

Metaplanet borrows $130m to buy Bitcoin as risks loom

Metaplanet is leveraging to acquire more Bitcoin despite market volatility. They borrowed $130 million to add to their $500 million loan facility and announced a $135 million share offering. The firm’s strategy includes using Bitcoin as collateral to sell options, making it a risky but potentially lucrative move.


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