MetaPlanet’s $100M BTC Loan: Smart Move or Financial Folly?
Japanese investment firm MetaPlanet, a name that strikes fear into the hearts of traditional bankers and excitement into the souls of crypto enthusiasts, has pulled off a financial feat worthy of a West End musical. On October 31st-the most auspicious date for anything-they announced a Y15.3 billion loan, using their BTC hoard as collateral. A masterstroke? Perhaps. A recipe for chaos? Possibly. But then again, who needs caution when you’re dealing in cryptocurrency? 💸





