based in japan MetaPlanetBitcoin held on October 31 
$101,831.62 provided a loan of 100 million dollars by using its assets as collateral. The company will use the funds for new Bitcoin purchases, increased revenue-generating activities and potential share buybacks. coinpostAccording to the information provided by MetaPlanet, MetaPlanet’s total Bitcoin assets are 30,823 BTC as of the same date.
Bitcoin Secured Loan Received by MetaPlanet
With this borrowing, which represents approximately 3% of the loan it received, MetaPlanet remained at a level to maintain its collateral adequacy. The management stated that they aim to avoid excessive leverage by maintaining a safe collateral ratio even during periods of price decline. The fact that the loan is term-free and the company can repay whenever it wishes stands out in terms of financial flexibility. MetaPlanet also announced that the credit line in question is part of a total $500 million borrowing program announced on October 28.
A significant portion of the funds will be transferred to the business model that the company defines as revenue generating. In this model, MetaPlanet operates with cash collateral. Bitcoin By creating and selling options, it generates returns from its BTC assets and balances its risk with premium income in case of market declines. The company’s revenue from these activities increased to 24.4 billion Japanese yen in the third quarter of the year, increasing 3.5 times compared to the same period of the previous year.
Long-Term Bitcoin Goal and Share Buyback Plan
MetaPlanet announced that it may also buy back shares depending on market opportunities. This strategy includes the 750 billion Japanese yen set at the end of October. buyback program will be carried out within the scope of In this way, the company aims to strengthen its capital flexibility against market fluctuations while protecting shareholder value.
MetaPlanet aims to reach 210,000 BTC in the long term within the scope of the “Bitcoin Treasury Strategy” announced in April 2024. The company’s current debt and revenue diversification moves enable this vision to be financed sustainably. In this respect, MetaPlanet positions Bitcoin not only as an investment tool but as an active asset class on the corporate balance sheet.
