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Metaplanet KK ( (JP:3350) ) has shared an update.
Metaplanet Inc. has executed a $130 million loan under its Credit Facility Agreement, secured by its significant Bitcoin holdings. The loan will fund further Bitcoin acquisitions, expand its Bitcoin income generation business, and potentially support share repurchases, with minimal expected impact on the company’s financial results for 2025.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
More about Metaplanet KK
Metaplanet Inc. operates in the cryptocurrency industry, focusing on Bitcoin-related financial services. The company engages in Bitcoin acquisitions, income generation through Bitcoin options, and share repurchases, leveraging its substantial Bitcoin holdings as collateral.
Average Trading Volume: 51,606,842
Technical Sentiment Signal: Hold
Current Market Cap: Yen407.8B
For an in-depth examination of 3350 stock, go to TipRanks’ Overview page.