Metavesco, Inc. (OTC: MVCO) has embarked on Phase 1 of its Bitcoin Treasury Strategy following the acquisition of a $750,000 five-year term loan. This financial maneuver permits the company to maintain full ownership of Bitcoin produced by its mining operations starting July 1, 2025, alongside financing operational costs and expansion efforts at Epic Labor, its staffing division.
Ryan Schadel, Metavesco's President & CEO, highlighted the loan's role in shifting the company's stance from obligatory Bitcoin sellers to enduring holders. The strategy unfolds in three stages: initially retaining self-mined Bitcoin, then engaging in market purchases supported by staffing business revenues, and ultimately dedicating 10-15% of total assets to Bitcoin by 2026.
The loan, characterized by a $750,000 principal, a 60-month duration, and a 13% annual percentage rate payable monthly, is unsecured and non-convertible. This step marks a significant pivot for Metavesco towards diversifying its portfolio and tapping into the cryptocurrency market's growth potential.
Metavesco's approach mirrors an increasing corporate inclination towards integrating cryptocurrency into treasury management, signaling Bitcoin's rising stature as a legitimate investment. This strategy not only demonstrates the company's forward-thinking ethos but also aligns it with the potential for substantial gains from Bitcoin's value appreciation over time.
