BREAKING
93d 7h ago

Metaplanet Raises $100 Million by Collateralizing Bitcoin to Buy More BTC, Expand Revenue, and Buy Back Shares; Holds 30,823 BTC as of Oct 31

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

Metaplanet has raised $100 million by collateralizing a portion of its Bitcoin holdings, a liquidity move designed to bolster its digital-asset treasury and broaden growth opportunities.

As of October 31, the company reported ownership of 30,823 BTC. The new capital will be deployed to acquire additional Bitcoin, expand revenue streams, and support a share repurchase program, reinforcing a disciplined treasury-management approach.

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