Crypto

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg

Metaplanet recently made a significant Bitcoin transfer, sparking rumors of a potential sell-off. However, CEO Simon Gerovich clarified that it was a routine custody operation, with no Bitcoin sold and total holdings remaining at 43,000 BTC. Despite this, the company’s …

Metaplanet burned through 83% of a $500 million credit line to build 43,000 BTC, and now it wants investors to fund the next leg Read More »