Metaplanet Head of Capital Strategy: No Cash Flow Risk, Equity Financing Is the Main Source of Funds

Foresight News reports that Shinpei Okuno, Head of Capital Strategy at Metaplanet, stated on Twitter, "No bank will lend to us using BTC as collateral. We never intended to borrow from them in the first place. Our financial operations are structured to avoid cash flow risks (i.e., the risk of having to sell BTC), which depend on the daily price of BTC (therefore, equity financing is our main source of funding). On the other hand, it is interesting to note that, in the long run, the BTC-backed bond investment market is steadily taking off."