How does Metaplanet acquire Bitcoin for its treasury?

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Metaplanet leverages a multi-pronged approach:

Operating income: Profits from core business operations fund incremental BTC purchases.

Capital market activity: The company may issue equity or other instruments to optimize leverage.

Bitcoin-backed credit facilities: Borrowed capital allows strategic accumulation while preserving liquidity.

This hybrid approach enables Metaplanet to time purchases effectively, reduce cash drag, and manage risk amid market volatility.