Core Insights - Metaplanet has secured a $100 million loan collateralized by its Bitcoin treasury, which currently holds 30,823 BTC valued at approximately $3.5 billion [1][2] - The company plans to use the loan proceeds to expand its Bitcoin reserve, fund income-generating initiatives, and conduct share buybacks [2][3] - Metaplanet aims to increase its Bitcoin holdings to 210,000 BTC by the end of 2027 [6] Financial Activities - In October 2025, Metaplanet purchased 5,268 BTC for around $615.67 million at an average price of $116,870 per Bitcoin [5][6] - The company also acquired 5,419 BTC in September 2025 for $632.53 million [6] - As of October 1, 2025, Metaplanet's total Bitcoin acquisition amounts to approximately $3.33 billion at an average price of $107,912 per Bitcoin [5] Market Context - Bitcoin is currently trading at $102,524, having recently dipped to $99,000 [3] - The aggressive purchasing strategy of Metaplanet positions it as the fourth largest publicly-traded Bitcoin treasury company globally [5]
Metaplanet Secures $100 Million In New Funding: Is It Going To Buy The Dip?
Yahoo Finance·2025-11-05 13:46