Metaplanet secures $100m bitcoin-backed loan for strategic investments

Metaplanet Inc. announced on November 4, 2025, the execution of a $100m USD borrowing. This loan, formalized on October 31, 2025, is secured by bitcoin held by the company, with the interest rate linked to the reference USD interest rate plus a spread. The borrowing features an automatically renewed daily term and is repayable at Metaplanet's discretion. The lender remains undisclosed at the counterparty's request.

The purpose of this credit facility is to provide discretionary capital for several strategic objectives. Metaplanet intends to use the funds for additional bitcoin acquisitions, to support its Bitcoin Income Generation business by utilizing proceeds as collateral for option premiums, and potentially for share repurchases, subject to market conditions.

Metaplanet currently holds 30,823 BTC, valued at approximately $3.5bn USD as of October 31, significantly exceeding the loan amount, ensuring ample collateral coverage. The company emphasizes a conservative financial management policy, aiming to maintain collateral adequacy even amidst significant bitcoin price declines. The impact on the company's financial results for the fiscal year ending December 2025 is expected to be minimal.