Metaplanet Accelerates Bitcoin Acquisition Strategy with Major Debt Financing

The Japanese investment firm Metaplanet has intensified its commitment to Bitcoin, securing a substantial $100 million loan to fund additional cryptocurrency purchases. This strategic move reactivates the company’s aggressive accumulation strategy after a brief operational pause, utilizing its existing Bitcoin treasury as collateral—a calculated approach to navigating market volatility.

On October 31, Metaplanet initiated the first drawdown from a previously established $500 million credit facility. The initial $100 million tranche is secured against the company’s substantial Bitcoin reserves, which currently stand at approximately 30,823 BTC, valued at around $3.33 billion.

This newly acquired capital is earmarked for three primary strategic initiatives:

• Additional Bitcoin Acquisitions: A significant portion is Read more...