Metaplanet Returns to Bitcoin Buying Spree with $100M Loan

After a quiet month, Metaplanet has recently announced that it will start buying more Bitcoin (BTC) again. The Japanese company recently got a new $100 million loan.

This shows a strong return to its bold crypto strategy and renewed trust in its long-term Bitcoin plan.

Metaplanet Resumes Bitcoin Purchases

Metaplanet confirmed on October 31 that it had secured a $100 million loan using its crypto portfolio as collateral. The company said the funds will go toward buying more Bitcoin, investing in income-generating projects, and repurchasing company shares.

The firm noted that the loan represents just 3% of its total Bitcoin reserves, giving it enough buffer against market price swings. This cautious approach helps protect its balance sheet while still allowing room for growth.

Metaplanet currently holds 30,823 BTC, valued at around $3.33 billion, making it the fourth-largest Bitcoin treasury in the world. Despite recent market volatility, the company said it remains focused on steady, long-term accumulation of the top coin .

A part of the new funding will also go into Metaplanet’s income business, which involves creating and selling cash-backed coin options. According to the company, this model has been a steady source of revenue while maintaining Bitcoin exposure.

Backed by a $500 Million Credit Line

The recent $100 million borrowing is part of Metaplanet’s broader $500 million credit facility announced on October 28. The company said the loan is open-ended and can be repaid anytime, offering flexibility in its financial planning.

The last time Metaplanet bought Bitcoin was on October 1, when it added 5,268 BTC at about $116,870 each. So far, its Bitcoin investments have delivered a 497% return this year, showing how well its strategy has performed.

In addition to expanding its Bitcoin holdings, Metaplanet is also looking to buy back company shares depending on market conditions. This move aligns with the 75 billion yen equity acquisition cap set at the end of October. It reflects the management’s confidence in the company’s value.

Other Companies Join the Trend

Metaplanet recently completed an international share offering worth $1.4 billion, more than twice its initial target. The extra capital will support its ambitious goal of owning 210,000 BTC by 2027. 

Like many other Bitcoin-focused firms, Metaplanet is actively using different financial tools to buy more Bitcoin. This clearly shows the company’s intention to remain one of Bitcoin’s biggest corporate holders.

Metaplanet is not alone in expanding its Bitcoin reserves. U.S.-based Hyperscale Data Inc announced that its Bitcoin holdings have risen to $73.5 million, now representing 61% of its market cap. The company added 360 BTC worth about $45.6 million in its latest purchase. 

This continues the trend of growing institutional confidence in Bitcoin. Strategy, led by Michael Saylor, is still the largest corporate holder of Bitcoin, holding over 641,205 BTC in its crypto stash after buying 45.6 million worth of Bitcoin on November 3.