@conanonchain
MicroStrategy 2.0 — the next bullet is here: borrowing against BTC.
Japan’s “MicroStrategy,” Metaplanet, has once again used part of its Bitcoin holdings as collateral to secure a new credit line — the second time this month.
With this latest loan, they’ve now borrowed a total of $230M, all to buy more BTC.
Collateralize BTC → borrow cash → buy more BTC.
The next flywheel for MicroStrategy-style companies has begun.
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