Redox-active ligands and Z-type acceptor ligands have emerged as promising strategies for promoting multielectron redox chemistry at transition-metal centers. Herein, we report the synthesis and characterization of copper and silver complexes of a diphosphine ligand featuring a d i b o r a a n t h r a c e n e c o r e ( B 2 P 2 , 9,10-bis(2-(diisopropylphosphino)phenyl)-9,10-dihydroboranthrene) that is capable of serving as both a redox reservoir and a Ztype ligand. Metalation of B 2 P 2 with CuX (X = Cl, Br, I) results in the formation of bimetallic complexes of the formula (B 2 P 2 )Cu 2 X 2 of two different structure types, depending on the halide. The Cu(I) cation [Cu(B 2 P 2 )] + can be accessed by direct metalation of B 2 P 2 with [Cu(CH 3 CN) 4 ][PF 6 ] or by halide abstraction with Na[BAr F 4 ] (Ar F = 3,5-bis(trifluoromethyl)phenyl) with concomitant expulsion of CuX from the bimetallic Cu 2 X 2 complexes. Metalation of B 2 P 2 with AgCl results in the formation of the zwitterion Ag(B 2 P 2 )Cl featuring a diphosphine Ag cation tethered to a chloroborate anion. Metathesis of chloride for the noncoordinating [BAr F 4 ] − affords the cation [Ag(B 2 P 2 )] + . The cations [Cu(B 2 P 2 )]+ and [Ag(B 2 P 2 )] + exhibit quasireversible reduction events at ∼ −1.6 V versus the ferrocene/ferrocenium redox couple, and the thermally sensitive radicals that result from their reduction, Cu(B 2 P 2 ) and Ag(B 2 P 2 ), were characterized by EPR spectroscopy and, in the case of the latter, singlecrystal X-ray diffraction. Electronic structure calculations suggest these neutral radicals are best described as zwitterions with reduction centered at the diboraanthracene core.