Metaplanet Inc. has secured a $130 million loan using its Bitcoin holdings as collateral, according to a recent announcement. The loan, executed on November 21st, is part of a credit agreement disclosed on October 28th. The company plans to use the funds to increase its Bitcoin holdings, expand its Bitcoin yield business, and potentially repurchase shares, contingent on market conditions. As of the end of October, Metaplanet held 30,823 BTC, valued at approximately $3.5 billion. The company has already utilized $230 million of its $500 million credit line, indicating a strategic move to leverage its substantial Bitcoin reserves for further growth and investment opportunities.