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Metaplanet has secured a new $130M Bitcoin-backed loan to add BTC, expand its options income business and support share buybacks, even as it reports large unrealized losses and launches Mars and Mercury preferred shares to address a market discount to its Bitcoin reserves. The post Metaplanet Doubles Down: $130M Loan to Buy More BT Despite $643M Loss – Bold or Reckless? appeared first on Cryptonews.

Amdax has raised €20M to advance its Bitcoin treasury initiative, seeking a €30M round before pursuing a listing on Euronext Amsterdam. The plan targets 1% of supply as regulators and analysts warn of volatility and financing risks. The post Amdax Raises $23M for Bitcoin Treasury – Europe’s Bold Bid to Rival MicroStrategy? appeared first on Cryptonews.