Tokyo-based Bitcoin treasury firm MetaPlanet has secured a $100 million loan by using its Bitcoin (BTC) as collateral. The loan, finalized on October 31, is a strategic move that aligns with the company’s objective to continuously expand its Bitcoin reserves.
According to the company's official data, this $100 million loan represents approximately 3% of its total Bitcoin holdings, providing a significant buffer against potential price fluctuations. MetaPlanet intends to maintain a cautious approach to borrowing, ensuring it does not assume excessive risk.
Currently, Metaplanet holds 30,823 BTC, valued at approximately $3.5 billion. This substantial holding positions the company as the fourth-largest public entity holding Bitcoin globally and the largest in Asia, based on data from BitcoinTreasuries.net.
BTC-Backed Loan Strategy Expansion
The $100 million loan is part of a larger $500 million credit facility that Metaplanet announced on October 28. The lender remains unnamed, and the loan agreement does not stipulate a fixed repayment deadline, offering flexibility in repayment timing.
Metaplanet plans to allocate a portion of these funds to its "Income Business." This business segment involves the sale of Bitcoin options, which are backed by actual Bitcoin holdings. The premiums generated from these option sales serve to mitigate potential losses during periods of Bitcoin price decline.
Furthermore, the company projects that sales from its Income Business will reach 2.44 billion yen in the third quarter of 2025, marking a 3.5-fold increase from the 690 million yen reported a year prior. MetaPlanet has also indicated the possibility of repurchasing its own shares, contingent on market conditions, in line with the 75 billion yen share buyback limit established at the end of October.
Treasury Trends Amid Market Pressure
This loan comes at a time when the Bitcoin market is experiencing considerable pressure. In October 2025, Bitcoin saw a decline of about 15% over a short period, creating challenges for traders employing high leverage. However, Bitcoin-backed loans have demonstrated resilience, enabling holders to access liquidity without being compelled to sell their assets at reduced prices. These loans typically maintain a collateral ratio of 50–70%, which acts as a protective buffer and contributes to limiting broader market instability.
At the time of writing, Bitcoin was trading at $101,727 with a trading volume of $110,901,533,045. The leading cryptocurrency by market capitalization has seen a 3% decrease in the past 24 hours, according to CoinMarketCap.
Other companies are also adapting their cryptocurrency asset management strategies. The French tech firm Sequans Communications sold 970 BTC for approximately $94.5 million to reduce its debt burden. This strategic sale decreased its debt-to-asset ratio from 55% to 39%.
Concurrently, ETHZilla, a company with significant Ethereum holdings, divested $40 million worth of ETH to support its share buyback program. In August, SharpLink Gaming also approved a share buyback initiative of up to $1.5 billion under similar terms.
Corporate Strategy Shift
Metaplanet's recent loan exemplifies a broader shift in how corporations are leveraging Bitcoin. Rather than liquidating their Bitcoin holdings when capital is needed, companies are increasingly utilizing their Bitcoin reserves as collateral for loans. This approach enables them to maintain their long-term investments while simultaneously securing the liquidity necessary for operational and strategic objectives.
This innovative strategy represents a practical fusion of risk management and growth. As more companies adopt similar financial frameworks, Bitcoin's role in corporate finance is likely to expand beyond its perception as solely a speculative asset.