Metaplanet secures $100m bitcoin-backed loan for expansion

Metaplanet Inc. (TSE:3350) has executed a credit facility agreement, drawing a loan of $100 million. The borrowing was finalized on October 31, 2025, and is secured by the company's Bitcoin holdings. The interest rate is set at the base dollar interest rate plus a spread, with automatic daily renewal. Repayment can be made at the company's discretion at any time.

As of October 31, 2025, Metaplanet held 30,823 BTC (approximately $3.5 billion), which is considered sufficient to maintain ample collateral despite potential Bitcoin price fluctuations. The company emphasizes a conservative financial management strategy, only executing loans within limits that ensure sufficient collateral even if Bitcoin prices drop significantly.

The funds from this loan are intended for additional Bitcoin acquisition, investments in Bitcoin income-generating businesses, and potentially share buybacks, depending on market conditions. The capital allocated to Bitcoin income businesses will be utilized as collateral to generate option premiums. Metaplanet anticipates that the impact of this loan on its December 2025 fiscal year performance will be minor; however, any significant impacts will be promptly disclosed.