Head of Capital Strategy at Metaplanet: The company's financial operations do not create cash flow risks and do not consider borrowing money from banks
According to online reports, Shinpei Okuno, head of capital strategy at Metaplanet, clarified on the X platform that the company had no plans to borrow money from banks from the beginning because no bank would use Bitcoin as collateral to provide loans. At the same time, Metaplanet's financial operations do not create cash flow risk (i.e., the risk of having to sell Bitcoin), but rather depend on the current price of Bitcoin (therefore, equity financing is the company's main source of funding currently). On the other hand, in the long run, the bond investment market held by Bitcoin is taking off steadily. For example, the main shareholders of Strategy's permanent preferred stock STRF include leading institutional investors and insurance companies, which means that the market has changed. Among them, Capital Group is also a major shareholder of Metaplanet. By allowing companies to hold Bitcoin, it will digitize capital markets and change the paradigm of global credit markets, ultimately building a bitcoin-centric trust system.
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