MetaPlanet Secures Fresh $130M Bitcoin-Backed Loan

Highlights:

• Japanese Bitcoin-focused company has secured another loan to expand its BTC treasury.
• The Bitcoin-backed loan worth $130 million comes from a $500 million credit facility.
• The new loan brings the total amount drawn from the credit facility to $230 million. 

Japanese Bitcoin investment firm Metaplanet has secured a new $130 million loan under the $500 million credit facility, first announced in October. The loan facility enables Metaplanet to borrow at any time, using Bitcoin as collateral. According to a recent update, Metaplanet finalized the $130 million loan on November 21, 2025. This comes a few days after the company secured a $100 million Bitcoin-backed loan to expand its digital assets reserves. 

On October 28, Metaplanet approved a share buyback to boost its market-to-net asset value (mNAV). In addition, the company’s board passed a ¥75.4 billion ($500 million) facility to enable it to fund the buyback. These allow the company to repurchase 150 million shares, representing 13.1% of the company’s total stock. 

JUST IN: 🇯🇵 Metaplanet raised $130 million using #Bitcoin as collateral to buy more BTC

Nothing stops this train 🙌 pic.twitter.com/FW1xzsSXHO

— Bitcoin Magazine (@BitcoinMagazine) November 25, 2025

$130M Loan Details

The lender for the $130 million Bitcoin-backed loan chose to remain anonymous. The company can repay the loan at any time, while interest will be set using the normal USD rate plus an additional margin. Meanwhile, the loan term will renew daily. 

Metaplanet explained that loans backed by Bitcoin might require more BTC as support if the asset’s price drops. As of October 31, the company holds 30,823 BTC, valued at roughly $3.5 billion. Metaplanet believes that its massive token store will cushion the impacts of possible BTC price declines, aligning with its strict policy that permits only borrowing what is fully backed by the company’s holdings

The Japanese company stated:

“As of now, the company has drawn a total of $230 million under the $500 million credit facility, including this loan.”

Metaplanet Plans to Fund Three Key Projects with the Loan

With the secured loan, Metaplanet plans to buy more Bitcoin. The company also noted that it will grow its Bitcoin income program and buyback company shares if market conditions remain favourable. The Bitcoin income program will support selling options, allowing the company to earn extra income from the option fees. 

Metaplanet added:

“The impact of this loan on the company’s financial results for the fiscal year ending December 2025 is expected to be minimal. Should any material impact be identified, the company will promptly make disclosure.”

MetaPlanet announced that it has executed a new $130 million loan under its credit facility, secured by its Bitcoin holdings. The facility has a total limit of $500 million, with $230 million already drawn. The company currently holds 30,823 BTC, sufficient to cover collateral…

— Wu Blockchain (@WuBlockchain) November 25, 2025

Bitcoin Spikes Slightly as Metaplanet Secures New Loan to Expand Holdings

At the time of writing, the crypto market is 1.6% up with a trading volume of $160.76 billion and a market cap of $3.078 trillion. Mirroring the broader market outlook, BTC is up 0.8% in the past 24 hours, trading at $86,935 with a market cap of $1.738 trillion and a trading volume of $71.1 billion. Despite its short-term spike, BTC’s 7-day-to-date and month-to-date price change variables reflected declines of about 4.8% and 23.1%, respectively. 

Coincodex data showed that Bitcoin volatility remains high at 8.88%, with a low supply inflation at 0.85%. “Fear & Greed Index” reflects “Extreme Fear” at 20, with a bearish sentiment. Renowned Bitcoin critic, Peter Schiff, recently warned that Bitcoin is finally having its IPO moment, suggesting that early holders can now sell their coins more easily. He likened BTC’s situation to a company that allows early investors to sell shares once it goes public. He added that moving much BTC from strong to weak hands will spike supply and increase future selloffs.