Every story we've covered involving credit-rating.
Tokyo-listed Metaplanet disclosed it sold 10,000 BTC and repurchased 11,000 BTC during the third quarter, leaving it with a net gain of 1,000 BTC and total holdings of 44,000 BTC as of September 30. The round-trip transaction was executed to demonstrate to credit rating agencies that the company can and will convert Bitcoin to cash when required; Metaplanet held the sale proceeds in cash while leaving its debt balances outstanding.
No stories here yet.