Metaplanet Raises $50M to Buy More Bitcoin, Stock Reacts

Key Insights

• Metaplanet has raised $50 million in funding to buy more Bitcoin.
• Metaplanet and MTPLF stocks grabbed interest from investors.
• Bitcoin price plunges to $91K due to volatility ahead of the FOMC Meeting.

Metaplanet, aka Asia’s MicroStrategy, on Friday said it has raised $50 million in funding to buy more BTC.

This update comes as the firm looks to restart Bitcoin accumulation for the next year, following a recent pause.

The MTPLF stock dropped 0.76% as Bitcoin price tumbled under $91K today, and the new loan announcement was made after market close.

In an official announcement on December 5, Metaplanet disclosed $50 million in funding secured by the firm by leveraging its existing Bitcoin holdings as collateral.

The firm will primarily use the funds for acquiring more Bitcoin. Notably, the 2026 target under the Bitcoin acquisition strategy is 100,000 BTC.

Metaplanet will also use the funds for Bitcoin income generation business expansion and share repurchases. As per official statement from the firm,

“Funds allocated to Bitcoin Income Generation business will be used as collateral for selling bitcoin options to earn premium income.”

In addition, the Bitcoin treasury company will shift to a conservative financial policy by drawing limited funds. This development comes in the light of Bitcoin price facing significant volatility.

As of now, the company has drawn a total of $280 million under the $500 million credit facility, including the $50 million loan.

This comes following the firm borrowed another $130 million against its Bitcoin holdings. Metaplanet said it plans additional BTC purchases, income-generation activities, and potential share buybacks with the loan.

MTPLF Stock Pumps as mNAV Reclaims 1x

Metaplanet’s enterprise value has increased to a level in line with its Bitcoin holdings. As a result, the firm’s mNAV has rebounded to 1x.

Notably, the company has total Bitcoin holdings of 30,823 BTC, valued at over $2.82 billion at the time of writing. Moreover, the firm has achieved a yield of 496.4% year-to-date 2025 through its aggressive Bitcoin accumulation strategy.

On Friday, Metaplanet stock price closed 0.76% lower at 392 JPY. The 24-hour low and high were 390 JPY and 400 JPY, respectively.

The recent rebound in Bitcoin price triggered a 15% in a week. However, the stock was still down 70% in six months at the time of writing.

Meanwhile, MTPLF stock closed 0.80% higher at $2.52 on Thursday. The stock has also rebounded by more than 10% over the past week.

The 24-hour low and high were $2.44 and $2.53, respectively. The rebound comes amid lower trading volume.

It is important to note that $11 trillion asset manager Vanguard holds 27.2 million MTPLF shares worth $69 million.

Bitcoin Price Plunges to $91K

BTC price was trading 2% lower over the past 24 hours due to crypto options expiry. At the time of writing, the price of Bitcoin was trading at $91,253.

The 24-hour low and high were $90,035 and $92,829, respectively. Furthermore, trading volume decreased by 19% over the last 24 hours amid the ongoing volatility ahead of the FOMC Meeting.

The derivatives market showed mixed sentiment over the last few hours, according to CoinGlass data.

At the time of writing, the total BTC futures open interest jumped 0.88% to $60.06 billion in the past hour.

The 24-hour BTC futures open interest was down more than 1.44%. Notably, futures open interest on CME fell by 2.60% and 2% on Binance.