Metaplanet Secures $130M Bitcoin Loan as Trader Eyes $80K Bottom
Metaplanet expanded its Bitcoin-backed credit facility by drawing a fresh $130M Bitcoin loan, lifting its total borrowings to $230M of the $500M limit. The Bitcoin loan is fully secured by 30,823 BTC, with collateral ratios adjusted to market volatility. Funds will fuel three initiatives: increasing Bitcoin reserves, expanding revenue operations, and potential share buybacks. A pseudonymous trader, Aralez, meanwhile identified $80,000 as the BTC cycle bottom. His chart maps past 33% corrections followed by 88–106% rallies, projecting a 97% gain from $80K. The first upside targets are $100K, $130K and $160K over 60 days. Traders should watch the $80K support. If Bitcoin respects this level and repeats historical patterns, a strong rebound could ensue.
Bullish
The news is bullish because Metaplanet’s $130M Bitcoin loan highlights strong institutional demand and confidence in BTC as collateral. Expanding its credit facility to $230M underlines growing corporate leverage, which can support price floors. Simultaneously, the trader’s $80K bottom call aligns with historical patterns of deep pullbacks followed by triple-digit rebounds, setting clear upside targets at $100K, $130K and $160K. Short-term, the market may consolidate around the $80K support, but long-term, increased institutional borrowing and a repeating cyclical structure could drive a robust recovery. Past events—such as MicroStrategy’s Bitcoin loans—have often preceded sustained rallies, reinforcing the positive outlook.