Metaplanet Takes $130 Million Loan from $500 Million Credit Line
Japan-based Bitcoin treasury company Metaplanet has taken a new loan of $130 million. The loan is part of its $500 million credit line. The deal was finalized on November 21 and follows the terms already approved.
The company said it will use the funds as collateral to sell Bitcoin options. This helps earn premium income from its Bitcoin Income Generation business.
The loan is a floating-rate loan linked to US Dollar benchmarks. It renews automatically every day. Metaplanet can repay the loan at any time. Each loan is backed by Bitcoin on the company’s balance sheet.
The company may use the money for more Bitcoin purchases, growing its income business, or share buybacks. The final use depends on market conditions.
Loan Has Minimal Impact on 2025 Financial Results
Metaplanet holds 30,823 BTC. It said this large Bitcoin stash provides strong collateral, even during big market changes. The company said all loans follow strict collateral limits set by its management.
The firm expects the new loan will have little impact on its financial results through December 2025.
Metaplanet said it uses a cautious financing strategy. It borrows only when it can keep a large collateral buffer, even during high Bitcoin price swings. So far, it has borrowed $230 million from its $500 million credit line.
