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Bitcoin companies are learning that holding forever takes cash

Bitcoin company Metaplanet sold 10,000 BTC and bought back 11,000 at a higher average price to secure better access to financing. The move was part of its effort to pursue a credit rating, as explained in an October 5 disclosure. The original post can be found on CryptoSlate.

Bitcoin companies are learning that holding forever takes cash
Image: CryptoSlate

Bitcoin company Metaplanet sold 10,000 BTC and bought back 11,000 at a higher average price to secure better access to financing. The move was part of its effort to pursue a credit rating, as explained in an October 5 disclosure. The original post can be found on CryptoSlate.

Sources

  • CryptoSlate — Bitcoin companies are learning that holding forever takes cash

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