Japan’s Metaplanet Doubles Down on Bitcoin With Fresh $100M Financing

Tokyo-based Metaplanet has secured a $100 million loan backed by its existing crypto holdings, signaling the end of its short pause in Bitcoin accumulation.

The company plans to use the funds to expand its Bitcoin reserves, invest in income-generating ventures, and repurchase shares, according to a statement released this week.

Management emphasized that the borrowed sum represents just 3% of its total Bitcoin holdings, providing a large collateral cushion to weather market volatility.

Bitcoin Treasury Strategy Back on Track

Metaplanet currently holds 30,823 BTC worth around $3.33 billion, ranking it among the top four corporate Bitcoin holders worldwide. Following its last purchase of 5,268 BTC on October 1, the firm’s Bitcoin-related gains this year have reached nearly 497%.
The loan is part of a $500 million credit facility launched on October 28, described as a flexible, open-ended source of financing. Metaplanet noted it will manage leverage conservatively to preserve balance sheet stability.

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Diversification and Shareholder Strategy

A portion of the new capital will fund Metaplanet’s income business, which focuses on cash-collateralized Bitcoin options—a model that generates steady income while maintaining upside exposure to BTC’s price. The company also hinted at potential share buybacks, within its approved ¥75 billion ($500 million) limit, depending on market conditions.

Long-Term Vision: 210,000 BTC by 2027

Metaplanet’s latest move aligns with its long-term goal of amassing 210,000 BTC by 2027. Earlier this year, it raised $1.4 billion through an international share sale – double its initial target – boosting liquidity for further expansion.

Meanwhile, other institutions are also deepening their Bitcoin exposure. Hyperscale Data Inc. disclosed holdings worth $73.5 million, equal to 61% of its market cap, while MicroStrategy, led by Michael Saylor, added another 360 BTC worth $45.6 million this week.