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📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
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MetaPlanet uses its held Bitcoin as collateral to execute a new loan of $130 million.
On November 25, Japanese listed company MetaPlanet announced that it has executed a new loan of 130 million USD based on its credit line agreement, using its held Bitcoin as collateral. The credit limit is set at 500 million USD, with cumulative usage reaching 230 million USD. The company currently holds 30,823 BTC, which is sufficient to cover collateral requirements. The raised funds will be used to purchase additional Bitcoin, promote Bitcoin revenue business, and repurchase stocks when market conditions allow. The company expects this loan to have a minor impact on its performance for the fiscal year 2025.