Metaplanet, ‘Japan’s MicroStrategy,’ Secures $100M Bitcoin-Backed Loan for Strategic Expansion

Metaplanet, the Japanese publicly traded company often hailed as “Japan’s MicroStrategy” for its pioneering Bitcoin adoption, announced a significant strategic move on October 31. The company successfully secured a $100 million loan, utilizing its substantial Bitcoin reserves as collateral. This capital infusion is earmarked for a multi-faceted growth strategy: further acquisitions of Bitcoin, expansion of its innovative revenue-generating businesses, and a strategic share buyback program, according to a report by Coinpost.

Leveraging Bitcoin Holdings for Robust Growth

As of October 31, Metaplanet proudly held 30,823 Bitcoins, valued at approximately $3.13 billion. The company emphasized that this $100 million loan represents only about 3% of its total Bitcoin holdings, a carefully calculated ratio designed to ensure ample collateral coverage even in scenarios of significant market downturns. This prudent approach underscores Metaplanet’s commitment to robust financial stability while pursuing aggressive growth in the digital asset space.

Innovative Revenue Generation: Cash-Settled Bitcoin Options

Beyond direct Bitcoin accumulation, a core component of Metaplanet’s strategy involves expanding its yield-generating operations. The company’s primary method in this area is the strategic sale of cash-settled Bitcoin options. This sophisticated approach allows Metaplanet to earn stable premium income while continuously holding its underlying Bitcoin assets. A key advantage of this strategy is its inherent ability to partially hedge against downside market risks, offering a degree of protection during volatile periods.

This innovative business model has already demonstrated remarkable success. In the third quarter of 2025, Metaplanet’s revenue from this segment surged to an impressive JPY 2.44 billion (approximately $16.5 million USD), marking a phenomenal 3.5-fold increase compared to JPY 690 million (approximately $4.6 million USD) in the same period last year.

Strategic Share Buybacks and Unprecedented Financial Flexibility

In addition to strengthening its digital asset portfolio and expanding revenue streams, Metaplanet plans to execute a share buyback program as market conditions dictate. This initiative aligns with the JPY 75 billion (approximately $500 million USD) share repurchase authorization framework established by the company at the end of October, signaling a commitment to enhancing shareholder value.

The $100 million loan is part of a larger, previously announced facility of up to $500 million. A notable feature of this particular loan is its lack of a fixed maturity date, granting Metaplanet considerable flexibility to determine its repayment schedule based on its strategic and financial objectives. This unprecedented flexibility further solidifies Metaplanet’s position as a forward-thinking leader in the corporate adoption of Bitcoin.