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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.

Design software giant Figma has filed for its IPO with the SEC, revealing substantial Bitcoin exposure, including $69.5 million in Bitcoin ETF holdings and an additional $30 million earmarked for future cryptocurrency investments, as corporate Bitcoin adoption reaches 141 companies holding $91 billion. The post Design Giant Figma Goes Public, Reveals $70M Bitcoin ETF Holdings and $30M Ready to Buy More appeared first on Cryptonews.