Metaplanet Uses Bitcoin as Collateral to Raise $130 Million for Further Bitcoin Purchases

The evidence strongly supports the truthfulness of the statement. The most authoritative source, Metaplanet's own Q3 Earnings Deck, serves as a primary source confirming the company's Bitcoin-centric strategy and its specific consideration of using preferred stock as a financing instrument. This establishes the foundational elements of the claim directly from the company. A highly relevant secondary source, the crypto data aggregator CoinGecko, explicitly and directly states the full details of the plan: the issuance of $150 million in perpetual preferred stock for the purpose of buying more Bitcoin. This aligns perfectly with the information in the primary source while providing the specific figures absent from the earnings deck summary. Further contextual support is provided by a crypto news publication, which also mentions Metaplanet's strategy involving preferred stock. There are no contradictions among the relevant sources. The weaker sources are either irrelevant (an earnings call for a different company) or lack the necessary detail (a personal LinkedIn post), and therefore do not detract from the consistent evidence provided by the more credible documents. The combination of a primary source confirming the strategy and a strong secondary source providing the specific, uncontradicted details makes the statement very likely to be true.