Metaplanet Inc. just snagged a massive $130 million loan backed by its 30,823 BTC stash, the second tranche from a $500 million facility that now totals $230 million drawn and has the crypto treasury world buzzing.
Yeah, you read that right—$130 MILLION UNLOCKED VIA BITCOIN COLLATERAL. As of this writing, that’s fueling a turbocharged push into more Bitcoin buys, option-selling schemes to rake in premiums, and a committed 13% share buyback program. This Tokyo-based hotel-turned-Bitcoin powerhouse, trading as 3350.T, now boasts holdings worth a cool $2.7 billion at current prices. It’s like they’re printing money with digital gold, and the market’s eating it up… mostly.
Picture this: a sleepy hotel operator pivots hard into Web3 and blockchain back in the day, but 2024 was the glow-up. Metaplanet started stacking sats like pros, echoing the playbook of trailblazers like MicroStrategy. Fast forward to today, and they’re not just holding—they’re leveraging. This latest move? It’s straight fire for anyone watching corporate crypto adoption explode. Remember how we broke down the wild ride of companies ditching fiat for BTC in our deep dive on From MicroStrategy to Emerging Players: The Evolution of Corporate Crypto Adoption? Metaplanet’s scripting the next chapter, Japanese style.
And hey, if you’re geeking out over treasury tweaks, check our spotlight on DDC Enterprise’s Kraken hookup that supercharged their BTC ops—total game-changer. These stories show the ripple: one bold move, and suddenly everyone’s rethinking reserves.
So, what’s the vibe on 3350.T? Shares are humming at 365 JPY as of this writing, up 2.24% today after a bumpy Friday dip of 7.75%. Year-to-date? A solid 4.89% climb, but zoom out to three years, and it’s a rocket: 660.42% gains. Market cap’s flexing at 416.9 billion JPY, with Bitcoin now the star of their two-segment show—hotels and that juicy treasury biz. No wonder earnings popped to 12.7 billion JPY net income on 2.4 billion revenue in the latest quarter, fueled by BTC gains. It’s accessible innovation meets high-stakes hustle.
How the Market Reacted When Others Did This
Flashback to the OGs: When MicroStrategy dropped their first mega-BTC buy in 2020, shares didn’t just tick up—they mooned over 400% in months, turning Saylor into a legend. Fast-forward, and Tesla’s $1.5 billion splash? Stock wobbled short-term but locked in long-haul cred as a forward-thinker. Even smaller fish like Marathon Digital saw 200% pops post-treasury announcements. The pattern? Initial jitters from “wait, crypto on the books?!” morph into FOMO-fueled rallies as BTC’s upside shines—though dips test nerves along the way. Metaplanet’s playing the same tune—collateralized loans keep the leverage low-risk, high-reward. Critics note the ~81% pullback from June highs (trading at a modest NAV discount), but history whispers: patience pays in pixels.
Bottom line? Metaplanet’s not whispering about crypto—they’re shouting with actions, eyeing a long-term stash of 210,000 BTC by 2027. In a world where 145 firms hoard $88 billion in BTC, this $230M draw is a mic drop. Will it spark the next wave of treasury titans? Buckle up; the ride’s just revving.
