crypto
Metaplanet Caps Bitcoin Borrowing, Holds 44,000 BTC
Metaplanet has revised its capital allocation policy, capping Bitcoin borrowing as its BTC holdings reached 44,000, according to a recent disclosure.
Tokyo-listed company Metaplanet has updated its capital allocation strategy, setting a cap on its Bitcoin borrowing activities. According to an October 5 disclosure reported by Crypto.news, the firm's Bitcoin holdings have reached 44,000 BTC, prompting a revised policy to maintain a significant portion of its assets in the cryptocurrency while allocating funds for recurring income investments.
Metaplanet's new policy dictates that 85% to 90% of its total assets will be held in Bitcoin . Concurrently, the company plans to set aside up to 15% of its assets for investments designed to generate recurring income. This strategic shift indicates a structured approach to managing its crypto treasury alongside traditional investment objectives.
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