Metaplanet has secured a $6.8 million (1 billion yen) loan from MMXX Ventures to expand its Bitcoin holdings. This move comes shortly after announcing plans to raise $70 million through a stock rights offering, with a significant portion earmarked for Bitcoin investments. The firm aims to strengthen its Bitcoin reserves as a hedge against Japan's economic challenges. Despite recent market volatility, Metaplanet remains committed to its Bitcoin strategy, having already acquired 246 BTC at an average price of $65,145.