Metaplanet Doubles Down on Bitcoin Strategy with Major Financing and Buyback Initiative

Metaplanet is intensifying its commitment to Bitcoin through a significant dual-pronged financial maneuver. The Japanese company has secured a $100 million credit facility while simultaneously launching an extensive share repurchase program valued at 75 billion yen. This coordinated effort signals a new chapter in the firm's capital allocation approach, firmly centering on digital asset expansion.

The company has activated the initial $100 million portion of a larger $500 million credit framework, with these funds specifically designated for expanding its Bitcoin portfolio and developing its cryptocurrency business operations. This decisive action reinforces Metaplanet's strategic pivot toward digital assets as a core component of its financial architecture.

Conservative Leverage Against Substantial Reserves

Notably, the newly acquired debt is comprehensively backed by the company's existing Bitcoin treasury. With holdings of 30,823 BTC currently valued at approximately $3.5 billion, the $100 million credit line represents a conservative fraction of the total collateral value. This cautious financial engineering aims to maintain stability even during periods of significant market volatility.

Share Repurchase Program to Enhance Value

Running parallel to the debt issuance, Metaplanet's board has authorized a substantial buyback initiative of up to 75 billion yen worth of its own shares. Approved on October 28, this program activates when the company's market valuation falls below the intrinsic value of its assets. The strategic objective centers on increasing Bitcoin exposure per outstanding share, thereby delivering enhanced value directly to shareholders.

Should investors sell immediately? Or is it worth buying Metaplanet?

Key strategic metrics at a glance:
* Initial credit facility: $100 million
* Total available credit: $500 million
* Bitcoin collateral: 30,823 BTC
* Share repurchase authorization: 75 billion yen

Operational Performance Exceeds Projections

Metaplanet's Bitcoin division is already demonstrating impressive operational results. The segment generated 2.438 billion yen in revenue during the third quarter of 2025, representing quarter-over-quarter growth of 115.7%. Given this substantial momentum, management has revised its annual forecast upward to 6.8 billion yen—effectively doubling previous expectations.

This dual approach of strategic borrowing combined with aggressive share repurchases positions Metaplanet to potentially accelerate its market valuation. The company's substantial Bitcoin reserves provide considerable financial flexibility for continued strategic initiatives in the digital asset space.