Japanese Bitcoin treasury Metaplanet’s stock is up as it plans to use Bitcoin as collateral for a $130 million loan. The company aims to acquire 210,000 Bitcoin by 2027, currently holding 30,823 BTC. Meanwhile, Strategy, the largest corporate holder of Bitcoin, is down 41% this year, facing concerns of index exclusion.

Read more at Yahoo Finance: Metaplanet Reveals Yet Another Move to Add to $2.7 Billion Bitcoin Stash, Taking $130M Loan