Metaplanet Launches $500M Bitcoin-Backed Credit Facility

[AIcash]

On Tuesday, Metaplanet announced a $500 million credit line secured by its Bitcoin holdings. The Tokyo Stock Exchange-listed company (3350.T) says the facility will support long-term BTC acquisitions and improve capital efficiency, marking a shift toward using Bitcoin as a strategic balance sheet asset rather than a speculative holding.

[Couturier]

A big shift — Bitcoin becoming a balance-sheet asset, not just a trade.