Tokyo’s Bitcoin Treasury firm Metaplanet is using a 100 million dollar loan backed by Bitcoin to fund further bitcoin acquisition, grow its income business and possibly repurchase stock amid increasing market volatility.
This borrowing is executed between October 31st and November 30th. disclosed Today, the 4th of November marks the beginning of Metaplanet’s $500m credit facility that was announced late in October.
According to the firm, most of these funds are going towards additional Bitcoin purchases.
Metaplanet’s loan is collateralized by its 30,823 BTC — worth roughly $3.5 billion — and represents just 3% of its total holdings, underscoring what management called a conservative financial policy, according CoinPost is a new way to send money.
The company has a wide range of options because the agreement does not have a fixed date for maturity and can be repaid at any time. Although the lender is not disclosed, it reportedly provided flexible terms for daily renewals and variable rates tied to U.S. Benchmarks.
Metaplanet increases Bitcoin revenue and Buybacks
Metaplanet announced that proceeds from this loan would also be allocated towards its growing Bitcoin income businessThis strategy generates income through the writing of cash-secured option contracts. The strategy allows the company to earn premiums while holding BTC long term — a structure designed to offset volatility.
This business segment is expected to grow rapidly in the third quarter of 2025. produced ¥24.4 billion ($160 million) in revenue, a 3.5× increase year-over-year, according to filings.
A portion of the funds may also support Metaplanet’s ¥75 billion share repurchase program, authorized in late October. The company plans to buy back shares whenever its market value falls below the value of its Bitcoin holdings — a threshold it breached last month when its modified net asset value ratio slipped to 0.99×.
Japan’s Bitcoin Treasury giant
Metaplanet, which began as a provider of IT services in the early part of this year and has since shifted to a full-service company, is now focusing on delivering a wide range… has become Japan has the largest number of corporate Bitcoin holders in the world. They are now ranked fourth, after MicroStrategy Marathon Digital and Hut 8 Mining.
Tokyo listed firm commits to an ambitious goal Holding 210,000 BTC at the end of 2020, it cements its status as Asia’s most aggressive institution Bitcoin accumulator.
This is reflected in its treasury policy. Strategy, which continues to issue debt and equity to expand its Bitcoin position — now exceeding 641,000 BTC.
Metalanet is a partner of SBI VC Trade in custody and trade operations, and it maintains what Metalanet calls “sufficient collateral coverage” It is possible to survive a major drop in price without the risk of liquidation.
Bitcoin, as of the press deadline, was currently trading at around $102,600. This is a drop of about 1% from yesterday.
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Source: bitcoinmagazine.com
