{"id":60355,"date":"2025-11-25T19:01:36","date_gmt":"2025-11-25T19:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=60355"},"modified":"2025-11-25T19:01:36","modified_gmt":"2025-11-25T19:01:36","slug":"metaplanet-to-borrow-130-million-for-renewed-bitcoin-purchases","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=60355","title":{"rendered":"Metaplanet To Borrow $130 Million For Renewed Bitcoin Purchases"},"content":{"rendered":"<div>\n<p><strong>Metaplanet Inc. <\/strong><a class=\"ticker-link\" data-ticker=\"MTPLF\" data-exchange=\"OTC\" href=\"https:\/\/www.benzinga.com\/quote\/MTPLF\" target=\"_blank\" rel=\"noopener\">(OTC:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MTPLF\">MTPLF<\/a>) borrowed another $130 million against its <strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holdings on Nov. 21 to expand purchases, income-generation strategies, and <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47713512\/how-metaplanet-forward-industries-advance-bitcoin-solana-treasury-strategies\">potential share buybacks<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">Metaplanet Draws More Capital From Its Bitcoin Credit Line<\/h3>\n<p>The company said the new loan was <a href=\"https:\/\/www.theblock.co\/post\/380347\/metaplanet-bitcoin-loan?utm_source=twitter&amp;utm_medium=social\">executed<\/a> under its previously approved $500 million Bitcoin-backed facility, with total usage now at $230 million.\u00a0<\/p>\n<p>The lender remained undisclosed at the counterparty&#8217;s request, consistent with its earlier $100 million draw.<\/p>\n<p>Metaplanet noted that the debt carries a floating U.S. dollar benchmark rate and renews automatically each day.\u00a0<\/p>\n<p>It may repay the loan at any time, with all borrowings secured by Bitcoin held on its balance sheet.<\/p>\n<h3 class=\"wp-block-heading\">Collateral Coverage Remains Large But Market Pressure Builds<\/h3>\n<p>The firm said its 30,823 BTC reserve \u2014 valued at about $2.7 billion at current prices, provides significant collateral relative to the size of the loan.\u00a0<\/p>\n<p>It acknowledged that Bitcoin&#8217;s price volatility may require additional collateral during the term but said its financial &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/11\/49067075\/metaplanet-to-borrow-130-million-for-renewed-bitcoin-purchases?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Metaplanet\" to borrow million for renewed bitcoin purchases>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Metaplanet Inc. (OTC:MTPLF) borrowed another $130 million against its Bitcoin (CRYPTO: BTC) holdings on Nov. 21 to expand purchases, income-generation strategies, and potential share buybacks. Metaplanet Draws More Capital From Its Bitcoin Credit Line The company said the new loan was executed under its previously approved $500 million Bitcoin-backed facility, with total usage now at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-60355","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60355"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60355\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}