Metaplanet is doubling down on Bitcoin. The Tokyo Stock Exchange-listed firm announced it has secured a $130 million loan backed by its Bitcoin reserves to fuel further cryptocurrency acquisitions. Shares jumped more than 2% on the news, reflecting investor confidence in the company’s aggressive accumulation strategy.
The new borrowing increases total utilization under Metaplanet’s $500 million Bitcoin-backed credit facility to $230 million. Executed on November 21, the loan’s counterparty remains undisclosed. Interest is tied to a U.S. dollar rate plus a spread, with daily automatic term renewal and flexible repayment options.
JUST IN: 🇯🇵 Metaplanet raised $130 million using #Bitcoin as collateral to buy more BTC
— Bitcoin Magazine (@BitcoinMagazine) November 25, 2025
Nothing stops this train 🙌 pic.twitter.com/FW1xzsSXHO
Metaplanet plans to use the funds to support its Bitcoin Income Generation business, leveraging holdings as collateral for selling Bitcoin options to earn premium income. The company currently holds 30,823 BTC, valued around $2.7 billion at current prices.
Since pivoting from its core hotel and technology operations in 2024, Metaplanet has positioned itself as a major Asian player in the crypto space. The firm has set a bold target: acquiring 210,000 Bitcoin, roughly 1% of the total supply, by 2027.
Management emphasized that borrowings remain conservative relative to the firm’s $3.5 billion Bitcoin reserves, providing a buffer even amid market volatility.
The move comes during a challenging period for crypto markets.
Bitcoin has fallen roughly 30% from its October high of $126,080, recently trading near $87,516 after bouncing from a low around $81,000. Despite these pressures, Metaplanet shares rose 2.24% to 365 yen, demonstrating resilience compared to other digital asset treasuries struggling amid the market correction.
Metaplanet’s strategy underscores a growing trend of companies using Bitcoin as both treasury asset and collateral to fuel growth.
Even skeptics acknowledge the firm’s disciplined approach, which balances bold acquisition goals with cautious risk management.
