Japanese Firm Metaplanet Secures 1 Billlion Yen Loan to Acquire More Bitcoin
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Metaplanet Inc., a publicly traded company based in Japan, has announced it secured a one billion Japanese yen loan, equivalent to $6.8 million. The loan comes with an annual interest rate of just 0.1%, and it will be used by the company to purchase additional Bitcoin. This move highlights the firm’s ongoing commitment to expanding its cryptocurrency holdings.
Source: cryptonews.com ↗