“Metaplanet is eyeyeing up “of Phase” of It Bitcoin Treasury Strategy, CEO SIMON GEROVICH SAID IN ANI INTERVIEW”, – WRITE: www.coindesk.com
Metaplanet, Which Has The Largest Corporate Bitcoin Stash Outside of North America, Will Use Btc as Collalateral to Finance Acquisitions of Cash-Genetating Businesses, Gerovich.
The Japanese Hotel Company Turned Bitcoin Investor Acquired 2.205 BTC This Week, IncreASING ITS HOLDINGS TO 15,555 BTC ($ 1.7 Billion) and Is Targeting A Holding of 210.000 by.
“We Need to Accuumulalate As Much Bitcoin As We Can.. To get to a point whot we’ve reaured escape velcity and it just makes it very Dificult. Ft’s report.
“THEN WE HAVE PHASE TWO.. WHEN BITCOIN, LIKE Securities or Government Bonds, Can Be Deposted with Banks and Ten they’ll Provide Very Attractive Finting Finting Against. to buy Profitable Businesses, Cash-Flowing Businesses. ”
Cryptocurrency-Backed Lending Is Offer of Crypto-Native Companies, But Is Rare Among Traditional Banks.
Gerovich Added that Phase One Wuld Probably Last Four To Six Years, After Wich It Wound Beld Become Incrementally
Metaplanet’s Tokyo-Listed Shares Closed at 1,565 Yen ($ 10.71) On Tuesday, 0.84% Higher on the Day. The Company Did Not ImmediaTely Respond to Coindesk’s Request for Further Comment.
Read More: Metaplanet Picks Up Additional 2.205 BTC, Holdings Now Cross 15,555 Bitcoin
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