Metaplanet Secures $130M Bitcoin-Backed Loan to Expand BTC Holdings

Metaplanet secured a $130 million Bitcoin-backed loan to expand its BTC holdings, fund income-generating activities, and enable share buybacks, maintaining strong collateral and disciplined risk management.

Metaplanet has secured a $130 million loan backed by its Bitcoin holdings, expanding its use of a $500 million credit facility. The funds will be used to acquire additional Bitcoin, grow its Bitcoin income-generating business, and potentially conduct share buybacks, depending on market conditions. The loan, executed on November 21, 2025, is fully collateralized by Metaplanet’s reserve of over 30,800 BTC, providing substantial collateral headroom even amid market volatility. The interest rate is tied to USD benchmarks and the loan is automatically renewed daily, with repayment at the company’s discretion. Despite Bitcoin trading below Metaplanet’s cost basis, the company continues to treat Bitcoin as a strategic asset, aiming to build a BTC-heavy balance sheet and maintain financial flexibility. This move highlights a growing trend among corporations to use Bitcoin-backed loans for liquidity, allowing them to preserve long-term upside while unlocking capital quickly. The impact on Metaplanet’s financial results for the fiscal year is expected to be minimal, and the company maintains disciplined risk management and strong collateral buffers.