[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"nav-categories":3,"article-metaplanet-raises-total-debt-to-230-million-using-bitcoin-as-collateral-in-aggressive-treasury-play":70},{"data":4},[5,37,57,64],{"name":6,"slug":7,"categories":8},"Productivity","productivity",[9,13,17,21,25,29,33],{"id":10,"title":11,"slug":12},17,"Branding","branding",{"id":14,"title":15,"slug":16},19,"Marketing","marketing",{"id":18,"title":19,"slug":20},20,"Work","work",{"id":22,"title":23,"slug":24},34,"Community","community",{"id":26,"title":27,"slug":28},21,"For newbies","for-newbies",{"id":30,"title":31,"slug":32},24,"Investment","investment",{"id":34,"title":35,"slug":36},22,"Finance","finance",{"name":38,"slug":39,"categories":40},"Tech","tech",[41,45,49,53],{"id":42,"title":43,"slug":44},28,"Technology","technology",{"id":46,"title":47,"slug":48},32,"Artificial Intelligence","artificial-intelligence",{"id":50,"title":51,"slug":52},26,"Security and protection","security-and-protection",{"id":54,"title":55,"slug":56},31,"YouTube Blog","youtube-blog",{"name":58,"slug":59,"categories":60},"News","news",[61],{"id":62,"title":58,"slug":63},18,"quasanews",{"name":65,"slug":66,"categories":67},"Business","business",[68],{"id":69,"title":65,"slug":66},16,{"post":71,"published_news":96,"popular_news":161,"categories":232},{"title":72,"description":73,"meta_title":72,"meta_description":74,"meta_keywords":75,"text":76,"slug":77,"created_at":78,"publish_at":78,"formatted_created_at":79,"category_id":30,"links":80,"view_type":85,"video_url":86,"views":87,"likes":88,"lang":89,"comments_count":88,"category":90},"Metaplanet Raises Total Debt to $230 Million Using Bitcoin as Collateral in Aggressive Treasury Play","Tokyo-listed Metaplanet Inc., widely dubbed “Japan’s MicroStrategy,” has drawn an additional $130 million from its previously secured $500 million credit facility, bringing its total outstanding borrowing to $230 million.","The loans are fully collateralized by the company’s growing Bitcoin holdings, which currently stand at 30,823 BTC — worth approximately $2.7 billion at current prices.","Metaplanet emphasized that its current loan-to-value (LTV) ratio remains conservative.","\u003Cp>Tokyo-listed Metaplanet Inc., widely dubbed “Japan’s MicroStrategy,” has drawn an additional $130 million from its previously secured $500 million credit facility, bringing its total outstanding borrowing to $230 million. The loans are fully collateralized by the company’s growing Bitcoin holdings, which currently stand at 30,823 BTC — worth approximately $2.7 billion at current prices.\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-right\">\u003Csource srcset=\"https://cdn.quasa.io/photos/00/image-2025-11-26t092529074.webp\" type=\"image/webp\">\u003Cimg alt=\"Metaplanet Raises Total Debt to 0 Million Using Bitcoin as Collateral in Aggressive Treasury Play\" class=\"image-align-right\" height=\"447\" src=\"https://cdn.quasa.io/photos/00/image-2025-11-26t092529074.jpg\" width=\"300\" />\u003C/picture>The latest drawdown, announced on November 25, 2025, follows a pattern established earlier this year: borrow low-cost fiat against BTC, immediately convert the proceeds back into more Bitcoin, and repeat. \u003Ca href=\"https://quasa.io/media/metaplanet-climbs-to-fourth-largest-corporate-bitcoin-holder-after-600m-purchase\">Metaplanet\u003C/a> now ranks as the fourth-largest publicly disclosed corporate Bitcoin holder worldwide, trailing only MicroStrategy (421,000+ BTC), marathon miner MARA Holdings, and the Tether-backed Twenty-One fund.\u003C/p>\n\n\u003Ch4>\u003Cstrong>Where the Money Is Going\u003C/strong>\u003C/h4>\n\n\u003Cp>\u003Cstrong>According to the company’s statement, the fresh capital will be deployed across three core initiatives:\u003C/strong>\u003C/p>\n\n\u003Col>\n\t\u003Cli>Additional Bitcoin acquisitions (continuing its “Bitcoin accumulation flywheel”).\u003C/li>\n\t\u003Cli>Yield-generating BTC strategies, primarily through writing covered calls and other options structures that earn premiums while retaining upside exposure.\u003C/li>\n\t\u003Cli>Share buybacks of Metaplanet stock (ticker 3350.T), which has surged more than 2,200% year-to-date on the Tokyo Stock Exchange, making it one of the best-performing equities globally in 2025.\u003C/li>\n\u003C/ol>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>Collateral Buffer and Risk Management\u003C/strong>\u003C/h4>\n\n\u003Cp>\u003Ca href=\"https://quasa.io/media/metaplanet-to-launch-japan-s-largest-stock-issuance-to-acquire-1-of-all-bitcoin\">Metaplanet\u003C/a> emphasized that its current loan-to-value (LTV) ratio remains conservative. Even if Bitcoin were to drop sharply, the company claims it has ample excess collateral to meet margin calls without forced sales. Management has repeatedly stated it will not over-leverage and intends to keep total borrowings well below levels that could jeopardize the balance sheet during severe drawdowns.\u003C/p>\n\n\u003Cp>The identity of the lender remains undisclosed, though market sources speculate it is a major crypto-friendly prime broker or Asian private credit fund offering non-recourse BTC-backed loans at single-digit interest rates.\u003C/p>\n\n\u003Ch4>Corporate Bitcoin Rankings (Public Companies, Nov 2025)\u003C/h4>\n\n\u003Cp>\u003Cpicture>\u003Csource srcset=\"https://cdn.quasa.io/photos/00/2025-11-26_09-19-36.webp\" type=\"image/webp\">\u003Cimg alt=\"Metaplanet Raises Total Debt to 0 Million Using Bitcoin as Collateral in Aggressive Treasury Play\" height=\"145\" src=\"https://cdn.quasa.io/photos/00/2025-11-26_09-19-36.png\" width=\"400\" />\u003C/picture>\u003C/p>\n\n\u003Ch4>\u003Cstrong>From Hotel Operator to Bitcoin Powerhouse\u003C/strong>\u003C/h4>\n\n\u003Cp>Originally a hotel and real-estate operator, Metaplanet pivoted aggressively into Bitcoin in early 2024 under CEO Simon Gerovich. The strategy mirrors Michael Saylor’s playbook: use cheap debt and equity issuance to stack sats, turning the corporate treasury into a de facto Bitcoin accumulation vehicle.\u003C/p>\n\n\u003Cp>Since adopting Bitcoin as its primary reserve asset, Metaplanet has increased its holdings from virtually zero to over 30,000 BTC in less than 18 months — an average accumulation rate of roughly 1,700 BTC per month. The stock’s meteoric rise has created a virtuous cycle: higher share price → cheaper equity raises → more Bitcoin → higher share price.\u003C/p>\n\n\u003Cp>Also read:\u003C/p>\n\n\u003Cul>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/grayscale-ushers-in-meme-coin-mainstream-with-spot-dogecoin-etf-debut\">Grayscale Ushers in Meme Coin Mainstream with Spot Dogecoin ETF Debut\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/capital-migration-in-the-crypto-market-why-institutional-investors-are-focusing-on-cat-defi-and-rwa\">Capital Migration in the Crypto Market: Why Institutional Investors Are Focusing on CAT DEFI and RWA\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/from-mrbeast-s-cutting-room-to-palo-ai-when-creativity-becomes-a-spreadsheet\">From MrBeast’s Cutting Room to Palo AI: When Creativity Becomes a Spreadsheet\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/the-difference-between-a-developer-and-programmer\">The Difference Between A Developer and Programmer\u003C/a>\u003C/li>\n\u003C/ul>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>Market Reaction and Broader Implications\u003C/strong>\u003C/h4>\n\n\u003Cp>Metaplanet shares jumped another 12% in Tokyo trading following the announcement, pushing its market capitalization above ¥1.8 trillion (~$12 billion). The move further validates the “Bitcoin corporate treasury” model in Asia, where regulatory clarity and low interest rates make yen- or dollar-denominated BTC-backed loans particularly attractive.\u003C/p>\n\n\u003Cp>Analysts note that Metaplanet’s still-available $270 million in undrawn credit gives it significant dry powder heading into 2026, especially if Bitcoin continues its post-halving bull run. For now, the Japanese firm shows no signs of slowing down its ambitious mission: to become the MicroStrategy of the East — one leveraged Bitcoin purchase at a time.\u003C/p>\n\n\u003Cp>Author: \u003Ca href=\"https://www.linkedin.com/in/slava-vasipenok/\">Slava Vasipenok\u003C/a>\u003Cbr />\nFounder and CEO of QUASA (quasa.io) - Daily insights on Web3, AI, Crypto, and Freelance. Stay updated on finance, technology trends, and creator tools - with sources and real value.\u003C/p>\n\n\u003Cp>Innovative entrepreneur with over 20 years of experience in IT, fintech, and blockchain. Specializes in decentralized solutions for freelancing, helping to overcome the barriers of traditional finance, especially in developing regions.\u003C/p>\n\n\u003Cp>Not financial advice. DYOR.\u003C/p>","metaplanet-raises-total-debt-to-230-million-using-bitcoin-as-collateral-in-aggressive-treasury-play","2025-11-26T08:26:40.000000Z","26.11.2025",{"image":81,"image_webp":82,"thumb":83,"thumb_webp":84},"https://cdn.quasa.io/images/news/UTtr7iD3ZVwaujxgnGJgIIUUXuKjb4au9WcJiG1c.jpg","https://cdn.quasa.io/images/news/UTtr7iD3ZVwaujxgnGJgIIUUXuKjb4au9WcJiG1c.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/UTtr7iD3ZVwaujxgnGJgIIUUXuKjb4au9WcJiG1c.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/UTtr7iD3ZVwaujxgnGJgIIUUXuKjb4au9WcJiG1c.webp","small",null,1547,0,"en",{"id":30,"title":31,"slug":32,"meta_title":91,"meta_description":92,"meta_keywords":93,"deleted_at":86,"created_at":94,"updated_at":95,"lang":89},"Investment Growth Hacks: AI Startups, Crypto & VC Unicorns | QUASA","Investments and life hacks. Forecasts and investment trends in Quasa Media.","Investment, IPO, bonds, Gold, invest. Investments, investor","2021-12-10T10:41:35.000000Z","2026-04-22T15:07:26.000000Z",[97,111,123,136,148],{"title":98,"description":99,"slug":100,"created_at":101,"publish_at":101,"formatted_created_at":102,"category":103,"links":104,"view_type":85,"video_url":86,"views":109,"likes":88,"lang":89,"comments_count":88,"is_pinned":110},"YouTube’s New Push Notification Crackdown: A Smart Fix for Notification Fatigue or a Hit to Creator Reach?","In the ongoing conversation around content deliverability, YouTube has just rolled out a significant change that will affect millions of creators and subscribers.","youtube-s-new-push-notification-crackdown-a-smart-fix-for-notification-fatigue-or-a-hit-to-creator-reach","2026-04-23T12:32:15.000000Z","23.04.2026",{"title":55,"slug":56},{"image":105,"image_webp":106,"thumb":107,"thumb_webp":108},"https://cdn.quasa.io/images/news/CeKKOmW8G5UoYDFB91yqL5J8iyEnOm9Uqw3OPNv1.jpg","https://cdn.quasa.io/images/news/CeKKOmW8G5UoYDFB91yqL5J8iyEnOm9Uqw3OPNv1.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/CeKKOmW8G5UoYDFB91yqL5J8iyEnOm9Uqw3OPNv1.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/CeKKOmW8G5UoYDFB91yqL5J8iyEnOm9Uqw3OPNv1.webp",8,false,{"title":112,"description":113,"slug":114,"created_at":115,"publish_at":116,"formatted_created_at":102,"category":117,"links":118,"view_type":85,"video_url":86,"views":10,"likes":88,"lang":89,"comments_count":88,"is_pinned":110},"The Rice on the Chessboard: Why Humanity Keeps Underestimating Exponential AI Growth","There’s an ancient Indian parable about a wise man who, for a service rendered, asked a powerful king to pay him in rice — placing one grain on the first square of a chessboard, two on the second, four on the third, and doubling the amount with every subsequent square.","the-rice-on-the-chessboard-why-humanity-keeps-underestimating-exponential-ai-growth","2026-04-20T20:10:17.000000Z","2026-04-23T11:00:00.000000Z",{"title":47,"slug":48},{"image":119,"image_webp":120,"thumb":121,"thumb_webp":122},"https://cdn.quasa.io/images/news/A7vLK20XbrRVdUCdvtedODguBAKoaZY79tMBlsOE.jpg","https://cdn.quasa.io/images/news/A7vLK20XbrRVdUCdvtedODguBAKoaZY79tMBlsOE.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/A7vLK20XbrRVdUCdvtedODguBAKoaZY79tMBlsOE.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/A7vLK20XbrRVdUCdvtedODguBAKoaZY79tMBlsOE.webp",{"title":124,"description":125,"slug":126,"created_at":127,"publish_at":128,"formatted_created_at":102,"category":129,"links":130,"view_type":85,"video_url":86,"views":135,"likes":88,"lang":89,"comments_count":88,"is_pinned":110},"AI Companies Are “Harvesting Organs” from Dead Startups — And Founders Are Cashing In","In the race for ever-better AI, the obvious data sources — the entire public internet, books, Reddit, Wikipedia — ran dry by late 2024.","ai-companies-are-harvesting-organs-from-dead-startups-and-founders-are-cashing-in","2026-04-19T18:19:11.000000Z","2026-04-23T09:10:00.000000Z",{"title":35,"slug":36},{"image":131,"image_webp":132,"thumb":133,"thumb_webp":134},"https://cdn.quasa.io/images/news/AuOWNag5KhQ2BXoZMgz0ynmxkQo4SwxeXqYAsges.jpg","https://cdn.quasa.io/images/news/AuOWNag5KhQ2BXoZMgz0ynmxkQo4SwxeXqYAsges.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/AuOWNag5KhQ2BXoZMgz0ynmxkQo4SwxeXqYAsges.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/AuOWNag5KhQ2BXoZMgz0ynmxkQo4SwxeXqYAsges.webp",29,{"title":137,"description":138,"slug":139,"created_at":140,"publish_at":140,"formatted_created_at":102,"category":141,"links":142,"view_type":85,"video_url":86,"views":147,"likes":88,"lang":89,"comments_count":88,"is_pinned":110},"10 Years in Crypto: QUASA Joins the Elite 1% and Continues to Gain Strength (QUA Crypto Buyback - April 2026)","As of now, the total QUA tokens in circulation stand at 67.95 million. This move is part of a broader strategy to optimize the token's economics amid favorable market conditions.","10-years-in-crypto-quasa-joins-the-elite-1-and-continues-to-gain-strength-qua-crypto-buyback-april-2026","2026-04-23T07:39:33.000000Z",{"title":58,"slug":63},{"image":143,"image_webp":144,"thumb":145,"thumb_webp":146},"https://cdn.quasa.io/images/news/2NQNDviIEG8GASJXJR2iLri59UokOqLzzlxHZ8zh.jpg","https://cdn.quasa.io/images/news/2NQNDviIEG8GASJXJR2iLri59UokOqLzzlxHZ8zh.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/2NQNDviIEG8GASJXJR2iLri59UokOqLzzlxHZ8zh.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/2NQNDviIEG8GASJXJR2iLri59UokOqLzzlxHZ8zh.webp",35,{"title":149,"description":150,"slug":151,"created_at":152,"publish_at":153,"formatted_created_at":102,"category":154,"links":155,"view_type":85,"video_url":86,"views":160,"likes":88,"lang":89,"comments_count":88,"is_pinned":110},"The Death of a VR Unicorn: Rec Room Shuts Down After 150 Million Users, $294 Million Raised, and a $3.5 Billion Valuation","After a decade of building one of the most beloved social VR platforms on the planet, Rec Room is closing its doors for good.","the-death-of-a-vr-unicorn-rec-room-shuts-down-after-150-million-users-294-million-raised-and-a-3-5-billion-valuation","2026-04-19T15:55:34.000000Z","2026-04-23T06:49:00.000000Z",{"title":65,"slug":66},{"image":156,"image_webp":157,"thumb":158,"thumb_webp":159},"https://cdn.quasa.io/images/news/AJj9CTvP0kh4rWQeTWBUNuEH7ZDRAAumuG3vyFxP.jpg","https://cdn.quasa.io/images/news/AJj9CTvP0kh4rWQeTWBUNuEH7ZDRAAumuG3vyFxP.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/AJj9CTvP0kh4rWQeTWBUNuEH7ZDRAAumuG3vyFxP.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/AJj9CTvP0kh4rWQeTWBUNuEH7ZDRAAumuG3vyFxP.webp",44,[162,175,191,203,218],{"title":163,"description":164,"slug":165,"created_at":166,"publish_at":167,"formatted_created_at":168,"category":169,"links":170,"view_type":85,"video_url":86,"views":173,"likes":174,"lang":89,"comments_count":88,"is_pinned":110},"The Anatomy of an Entrepreneur","Entrepreneur is a French word that means an enterpriser. Enterprisers are people who undertake a business or enterprise with the chance of earning profits or suffering from loss.","the-anatomy-of-an-entrepreneur","2021-08-04T15:18:21.000000Z","2025-12-14T06:09:00.000000Z","14.12.2025",{"title":65,"slug":66},{"image":171,"image_webp":86,"thumb":172,"thumb_webp":172},"https://cdn.quasa.io/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp",71315,2,{"title":176,"description":177,"slug":178,"created_at":179,"publish_at":180,"formatted_created_at":181,"category":182,"links":183,"view_type":188,"video_url":86,"views":189,"likes":190,"lang":89,"comments_count":88,"is_pinned":110},"Advertising on QUASA","QUASA MEDIA is read by more than 400 thousand people a month. We offer to place your article, add a link or order the writing of an article for publication.","advertising-on-quasa","2022-07-06T07:33:02.000000Z","2025-12-15T17:33:02.000000Z","15.12.2025",{"title":58,"slug":63},{"image":184,"image_webp":185,"thumb":186,"thumb_webp":187},"https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp","large",71088,4,{"title":192,"description":193,"slug":194,"created_at":195,"publish_at":196,"formatted_created_at":197,"category":198,"links":199,"view_type":85,"video_url":86,"views":202,"likes":190,"lang":89,"comments_count":88,"is_pinned":110},"What is a Startup?","A startup is not a new company, not a tech company, nor a new tech company. You can be a new tech company, if your goal is not to grow high and fast; then, you are not a startup. ","what-is-a-startup","2021-08-04T12:05:17.000000Z","2025-12-17T13:02:00.000000Z","17.12.2025",{"title":65,"slug":66},{"image":200,"image_webp":86,"thumb":201,"thumb_webp":201},"https://cdn.quasa.io/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp",68706,{"title":204,"description":205,"slug":206,"created_at":207,"publish_at":208,"formatted_created_at":209,"category":210,"links":211,"view_type":85,"video_url":86,"views":216,"likes":174,"lang":89,"comments_count":217,"is_pinned":110},"Top 5 Tips to Make More Money as a Content Creator","Content creators are one of the most desired job titles right now. Who wouldn’t want to earn a living online?","top-5-tips-to-make-more-money-as-a-content-creator","2022-01-17T17:31:51.000000Z","2026-01-17T11:30:00.000000Z","17.01.2026",{"title":19,"slug":20},{"image":212,"image_webp":213,"thumb":214,"thumb_webp":215},"https://cdn.quasa.io/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://cdn.quasa.io/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.webp",42652,1,{"title":219,"description":220,"slug":221,"created_at":222,"publish_at":223,"formatted_created_at":224,"category":225,"links":226,"view_type":188,"video_url":86,"views":231,"likes":174,"lang":89,"comments_count":88,"is_pinned":110},"8 Logo Design Tips for Small Businesses","Your logo tells the story of your business and the values you stand for.","8-logo-design-tips-for-small-businesses","2021-12-04T21:59:52.000000Z","2025-05-05T03:30:00.000000Z","05.05.2025",{"title":15,"slug":16},{"image":227,"image_webp":228,"thumb":229,"thumb_webp":230},"https://cdn.quasa.io/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://cdn.quasa.io/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.webp",41721,[233,234,235,236,237,238,239,240,241,242,243,244,245],{"title":23,"slug":24},{"title":47,"slug":48},{"title":55,"slug":56},{"title":43,"slug":44},{"title":51,"slug":52},{"title":31,"slug":32},{"title":35,"slug":36},{"title":27,"slug":28},{"title":19,"slug":20},{"title":15,"slug":16},{"title":58,"slug":63},{"title":11,"slug":12},{"title":65,"slug":66}]