Metaplanet’s $100M Bitcoin Loan: A Comedy of Crypto Collateral! 🎭💰

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Oh, the madness! Metaplanet Inc., Japan’s wacky bitcoin treasure chest, has pulled a Mel Brooks and borrowed $100 million against its bitcoin stash. Why? To buy more bitcoin, of course! 🤑 Because who needs a stable economy when you can ride the crypto rollercoaster? 🎢

Metaplanet Taps Bitcoin Collateral to Strengthen Treasury Amid Market Dip (Or Is It a Dive? 🌊)

In a move that screams “I’m not crazy, my crypto is crazy!” the digital asset treasure hunters at Metaplanet Inc. announced they’ve executed a $100 million loan using bitcoin as collateral. According to their Nov. 4, 2025, notice, this loan is renewed daily-because why commit long-term when you can live on the edge? 🪢 The Tokyo Stock Exchange-listed company (TSE: 3350) finalized the deal on Halloween, proving even financial moves can be spooky! 👻

The terms? An interest rate pegged to the U.S. dollar rate plus a spread. The lender? A mystery, because even they don’t want to be named in this crypto circus. 🤡 Metaplanet’s 30,823 BTC (worth $3.5 billion) is the collateral-talk about putting all your eggs in one blockchain basket! 🧺 The Japanese firm is the fourth largest BTC hoarder, because why not be a crypto dragon? 🐉

What’s the plan? Buy more bitcoin, of course! And maybe generate some income by using bitcoin as collateral for option premiums. Because if you’re not leveraging your leverage, are you even trying? 💪 Metaplanet claims they’re conservative with leverage-yeah, right, like a cat is conservative with catnip. 🐱

Founded in 1999 as a hotel operator, Metaplanet pivoted to bitcoin because, let’s face it, hotels are so last century. 🏨 Now, under CEO Simon Gerovich, they’re all about bitcoin accumulation, treasury optimization, and educating the masses with Bitcoin Magazine Japan. Because nothing says “future” like a magazine about digital money! 📰

The financial impact? Minimal, they say. But let’s be real, in crypto, “minimal” is just code for “we’ll see.” 🤷‍♂️ Meanwhile, Sequans Communications S.A. sold 970 BTC, proving not everyone’s as brave (or foolish?) as Metaplanet. 🏃‍♂️💨

FAQ ❓ (Or Should We Say, Farcical Questions? 🤪)

  • What’s Metaplanet’s latest shenanigan?
    They borrowed $100 million using bitcoin as collateral to buy more bitcoin. Because why stop at one risky move when you can double down? 🎲
  • How much bitcoin does Metaplanet hoard?
    As of Oct. 31, 2025, they’ve got 30,823 BTC, valued at $3.5 billion. That’s a lot of digital gold! 🏆
  • What’s the loan for?
    More bitcoin, income generation, and maybe share buybacks. Because why not juggle more balls? 🎭
  • Who’s the mastermind behind this?
    CEO Simon Gerovich, leading the charge to make bitcoin the corporate king. 👑

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2025-11-06 01:58