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Metaplanet KK ( (JP:3350) ) just unveiled an update.
Metaplanet Inc. has executed a $100 million borrowing under a credit facility agreement, secured by its Bitcoin holdings. The loan will support the company’s Bitcoin acquisition and income generation initiatives, with minimal expected impact on financial results for the fiscal year ending December 2025.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen467.00 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 financial sector, focusing on leveraging digital assets such as Bitcoin. The company is involved in Bitcoin acquisition and income generation, and it maintains a conservative financial management policy to ensure collateral adequacy.
Average Trading Volume: 52,646,860
Technical Sentiment Signal: Hold
Current Market Cap: Yen560.8B
Learn more about 3350 stock on TipRanks’ Stock Analysis page.