Metaplanet Secures $130 Million Credit Line for Potential Bitcoin Purchases

Metaplanet disclosed a $130 million loan facility on November 21 that could support additional Bitcoin acquisitions. The financing is part of a $500 million credit arrangement, with $230 million borrowed to date, collateralized by the company's Bitcoin treasury. As of November 25, Metaplanet held 30,823 BTC with an average purchase price of $108,036.