Metaplanet Inc.
Notice Regarding Loan Execution under Credit Facility Agreement and Change in Use of Funds
On January 30, 2026, a loan of 75 million USD was executed and the use of funds was revised. The loan is utilized for Bitcoin purchases and advancing Bitcoin income business funding, planned to be repaid with proceeds from stock issuance on February 13, 2026.
Key Figures
- Loan Amount: 75 million USD (executed on January 30, 2026)
- Bitcoin Holdings: 35,102 BTC (equivalent to approximately 3.1 billion USD)
- Total Use of Funds: 20,743 million JPY (Bitcoin purchase, loan repayment, etc.)
AI要約
Overview of Loan Execution and Change in Use of Funds
Metaplanet Co., Ltd. executed a loan of 75 million USD on January 30, 2026, under a credit facility agreement. The loan is secured by Bitcoin collateral with ample collateral capacity maintained. The procured funds are allocated for additional Bitcoin acquisition and the Bitcoin income business, serving as bridge financing until the payment date for common stock and stock acquisition rights on February 13, 2026. Accordingly, the use of funds was partially revised to advance the originally planned allocations.
Details of Use of Funds and Future Outlook
The use of funds includes 4,071 million JPY for Bitcoin purchases, 5,186 million JPY for loan repayment, and 11,486 million JPY for bridge loan repayment. A margin of 1,556 million JPY for the Bitcoin income business has already been advanced using the loan. Considering changes in market conditions, raising funds solely through common stock has become difficult; hence the company is managing dilution by combining stock issuance with stock acquisition rights to raise funds. Loan repayment secures credit facility capacity, aiming for stable execution of the medium- to long-term growth strategy. The impact on consolidated earnings is expected to be minimal.
