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Bitcoin Updates: Stocks Connected to Bitcoin Surge as Metaplanet Secures $130M Loan for BTC Acquisition
Bitget-RWA2025/11/26 12:56
By: Bitget-RWA
- Tokyo-listed Metaplanet borrowed $130M against 30,823 BTC collateral amid market downturn, signaling institutional crypto confidence. - The firm aims to expand BTC holdings to 210,000 by 2027 using debt, mirroring MicroStrategy's treasury strategy despite volatility risks. - Shares rose ¥366 as investors back Bitcoin-centric model, though regulators scrutinize such structures amid Asian market concerns.
Metaplanet, a company listed in Tokyo,
Bitcoin
treasury specialist, has obtained a $130 million loan using its Bitcoin holdings as collateral, even as the broader market faces a downturn. This move reflects ongoing institutional trust in the digital asset despite recent price swings. The loan, finalized on November 21, is part of a $500 million credit line arranged earlier this year. With this latest borrowing, Metaplanet’s total loan amount stands at $230 million, leaving $270 million still accessible according to reports
. The company currently possesses 30,823 BTC, which at present market rates is valued around $2.7 billion, and these assets back the loan according to analysis
. The loan arrangement uses a variable interest rate linked to U.S. dollar benchmarks and is renewed daily, giving Metaplanet the flexibility to repay at any time without a set maturity date
according to financial reports
. The firm highlighted that its prudent approach to collateral ensures a strong buffer against price fluctuations, with internal rules capping borrowing to maintain sufficient coverage. Leadership also pointed out the loan's minimal impact
on projected 2025 earnings, citing strict risk controls. Metaplanet’s approach is similar to that of MicroStrategy and other companies that treat Bitcoin as a primary treasury asset, using leverage to increase their holdings during market dips
according to industry analysis
. The company has set a goal to accumulate 210,000 BTC by the close of 2027, a target that requires ongoing purchases regardless of price trends. Supporters say this method boosts gains during bull markets, while critics warn of potential risks such as margin calls in extended downturns, which could force asset sales or put pressure on the company’s finances according to financial experts
. This loan news comes as Bitcoin trades near $87,036, a 0.34% drop for the day and more than 24% below its monthly high
according to market data
. Despite the overall market weakness, Metaplanet’s stock climbed to ¥366, indicating investor confidence in its Bitcoin-focused strategy. The latest loan follows a $100 million drawdown on October 31, marking a return to aggressive accumulation after a short break. Company leaders see current price levels as a buying opportunity, consistent with their strategy of purchasing during market softness according to company statements
. Japan’s distinctive tax policies, which favor Bitcoin-related stocks over direct cryptocurrency ownership, have led to a trend where such firms outperform the underlying asset
according to business analysis
. Metaplanet’s approach aligns with this environment, using institutional-level financing to benefit from market shifts. Nonetheless, regulators in Japan and across Asia are taking a closer look at these strategies, raising concerns about their long-term viability according to regulatory reports
. Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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