MetaPlanet Secures $100M Bitcoin-Backed Loan to Buy More BTC

Tokyo-listed Metaplanet executed a $100 million Bitcoin-backed borrowing on October 31, drawing from a $500 million credit facility established days earlier to fund additional crypto acquisitions, expand its options trading business, and potentially repurchase shares. The conservative borrowing represents just 3% of Metaplanet’s $3.5 billion Bitcoin reserve, maintaining substantial collateral buffers even during potential market crashes. Management confirmed the loan carries no fixed maturity date and al ...