Metaplanet Doubles Down on Bitcoin: Secures $100M War Chest to Bulk Up Crypto Reserves

Tokyo-based investment firm Metaplanet just made its biggest Bitcoin bet yet—and they're playing with borrowed chips.

The move: Raised $100 million in debt financing exclusively to stack more BTC, signaling aggressive conviction in crypto's store-of-value thesis.

Why it matters: This isn't some degen startup—it's a publicly traded company (TYO: 3350) institutionalizing Bitcoin as treasury reserve asset. The loan structure suggests they're expecting serious ROI before creditors come knocking.

The subtext: Either Metaplanet knows something bond markets don't, or this is the most expensive HODL flex in corporate history—perfect timing as traditional finance bros panic over November's CPI numbers.

• Metaplanet has raised $100 million in debt to buy Bitcoin.
• The company plans to use the Bitcoin assets as collateral to fund expansion, share buybacks, and other additional Bitcoin purchases.

Metaplanet, one of the most prominent crypto treasury companies in Tokyo, has bought extra Bitcoin worth about $100 Million (¥15.3 Billion). The company managed to raise the $100 Million through a loan backed by its Bitcoin assets. And so far, it has been announced that it plans to use the newly acquired funds to expand its revenue-generating operations, repurchase its own shares, and even purchase more Bitcoin.

This well-documented move by Metaplanet shows its ongoing strategy of prioritizing Bitcoin as one of its core treasury assets while also ensuring financial growth and long-term stability.

Metaplanet Increases Its Revenue Through The Strategic Bitcoin Collateral

Since mid-2024, Metaplanet has consistently built up its Bitcoin reserve, and as of today, the company holds Bitcoin worth $3.16 billion in enterprise value and a net asset value (NAV) of approximately $3.17 billion, as well as a total debt of $24.35 million. As of the time of writing, the firm owns about 30,823 BTC, worth $3.51 billion (¥540 billion).

According to the company, the new $100 million loan represents only 3% of its total Bitcoin holdings. This limited percentage helps the company ensure that even when the crypto market experience a major financial downturn, Metaplanet will continue to have a strong collateral cushion that would help maintain a healthy financial position.

The company emphasized that its goal is to increase its bitcoin exposure responsibly while also avoiding excessive borrowing or financial risk. To do this and strengthen its revenue streams, Metaplanet intends to use a portion of the raised funds to support its income-generating business that focuses on creating and selling cash-based Bitcoin options. By doing this, the firm would be able to earn steady income without selling the Bitcoin they hold and also provide some hedge against losses if the price of Bitcoin reduces.

Over the past year, Metaplanet has seen an increase in the company’s revenue. The company reported earnings of about ¥691.58 million in the fourth quarter of 2024, ¥770.31 million in the first quarter of 2025, ¥1.13 billion in the second quarter, and an impressive ¥2.44 billion in the just comculeded third quarter of 2025.