Bitcoin Updates: MetaPlanet Secures $130M Loan Using Bitcoin as Collateral to Increase Holdings Amid Market Downturn
- MetaPlanet secured a $130M loan backed by 30,823 BTC to expand Bitcoin holdings and repurchase shares, targeting 210,000 BTC by 2027. - The firm shifted to preferred stock financing to reduce shareholder dilution, mirroring MicroStrategy's strategy while leveraging a $500M credit facility. - Despite Bitcoin's 23% unrealized loss, MetaPlanet remains bullish, buying BTC at $108k amid Japan's $273B stimulus-driven market selloff. - Japan's regulatory developments and SoftBank's crypto investments highlight
MetaPlanet, once a Japanese hotel operator, has transformed into a
The funds, part of a $500 million credit line, are earmarked for acquiring more Bitcoin, building out Bitcoin-driven revenue channels, and repurchasing shares when market conditions are favorable. At present, MetaPlanet has pledged 30,823 BTC as security, with the company
MetaPlanet’s financing strategy marks a change in how corporations manage Bitcoin treasuries.
The announcement of the loan comes at a time of market uncertainty.
MetaPlanet’s growth is also supported by Japan’s maturing crypto landscape. SoftBank, a major supporter of Bitcoin treasury companies, has backed projects like Twenty One Capital, which owns 43,500 BTC. At the same time, regulatory changes—such as Japan’s proposed rule for crypto exchanges to hold liability reserves—demonstrate increasing institutional trust in the industry.
Even with recent market swings, MetaPlanet’s leadership remains optimistic about Bitcoin’s future prospects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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