Metaplanet Bolsters Bitcoin Strategy with Major Debt Financing

The Japanese investment firm Metaplanet continues to position Bitcoin at the core of its corporate treasury activities, recently securing an additional $130 million in debt collateralized by its existing cryptocurrency holdings. Market response to this intensified accumulation approach has been cautiously optimistic.

On November 25, Metaplanet confirmed it had drawn down $130 million (approximately ¥20 billion) from its established $500 million credit facility. This transaction, finalized on November 21, represents the company’s latest move to leverage its digital asset portfolio for traditional financing.

Key transaction details include:

• New borrowing: $130 million
• Total facility utilization: $230 million
• Collateral: Company-owned Bitcoin
• Terms: Read more...