Metaplanet Secures $100 Million Bitcoin-Backed Loan
Tokyo-based investment firm Metaplanet has obtained a $100 million loan backed by its Bitcoin holdings to finance additional BTC purchases and initiate a corporate share-buyback program aimed at restoring investor confidence.
Loan structure and purpose
According to the company’s filing on October 31, the credit facility was collateralized entirely by Metaplanet’s Bitcoin reserves and will be used to expand its crypto holdings as well as repurchase outstanding shares on the open market.
Metaplanet currently holds 30 823 BTC — valued at approximately $3.5 billion — positioning it among the largest public Bitcoin holders globally. Executives stated that the new funding will help the firm capitalize on current market conditions while maintaining a healthy debt profile.
Financial health and leverage strategy
The company emphasized that the loan’s impact on its 2025 financial results will be minimal, citing favorable interest terms and overcollateralization supported by its Bitcoin reserves.
By pledging BTC as collateral rather than liquidating it, Metaplanet follows a strategy similar to MicroStrategy’s “Bitcoin-as-equity-reserve” model, using crypto assets to access traditional liquidity without reducing on-chain exposure.
Investor sentiment and share buyback plan
The share repurchase initiative is designed to stabilize the company’s stock after a sharp decline in market capitalization earlier this year. Management noted that the program demonstrates commitment to shareholder value while reinforcing the company’s long-term Bitcoin thesis.
“The market mispriced our strategic vision,” said a Metaplanet spokesperson. “This buyback is not a retreat — it’s a statement that we are doubling down on Bitcoin as a core reserve asset.”
Long-term Bitcoin accumulation target
Metaplanet aims to increase its BTC reserves to 210 000 coins by 2027, aligning its expansion trajectory with the anticipated global adoption of digital reserves. The firm’s model integrates conventional finance with decentralized asset management, using debt instruments to amplify exposure to digital gold.
Market implications
Analysts view Metaplanet’s move as another indicator that corporations are treating Bitcoin not just as a speculative asset but as productive collateral. By tapping a BTC-backed loan instead of issuing equity, the firm avoids dilution while signaling confidence in both the asset and its liquidity.
This decision also underscores growing institutional comfort with crypto-collateralized lending, a trend expected to accelerate as traditional banks explore similar offerings for high-net-worth clients and corporates.
Conclusion
Metaplanet’s $100 million Bitcoin-backed loan marks a pivotal moment in corporate treasury innovation. The company’s dual strategy — accumulate BTC and reward shareholders — reflects a broader paradigm shift where Bitcoin becomes not just a store of value, but a foundation for global corporate finance.
Editorial Team — CoinBotLab