Metaplanet has secured a 50 million dollar loan using its Bitcoin holdings as collateral to fund new BTC purchases and income products. At the same time, chartist Titan of Crypto says Bitcoin’s price action continues to track a earlier relief rally fractal on the two day chart.
Metaplanet Uses Bitcoin as Collateral to Secure 50 Million Dollars for New Purchases
Metaplanet secured a 50 million dollar loan backed by its existing Bitcoin holdings, according to a new disclosure shared today. The company said the funds will support additional Bitcoin purchases and expand its Bitcoin-based income operations as part of its ongoing treasury strategy.
The filing shows that Metaplanet pledged part of its current holdings to obtain the loan instead of issuing new equity or bonds. This structure allows the firm to raise capital while keeping its Bitcoin position intact. It also signals that the company continues to lean heavily on Bitcoin as both a reserve asset and a financing tool.
The move follows a series of Bitcoin-focused initiatives from Metaplanet, including earlier bond issuances and ongoing accumulation programs. Today’s loan marks the latest step in that strategy as the company increases leverage to expand its holdings.
Analyst Sees Bitcoin Still Following Earlier Cycle Fractal
Meanwhile, Crypto chartist Titan of Crypto says Bitcoin’s latest pullback still fits the “relief rally” fractal he has been tracking on the two-day chart. In a new update, he compares the current structure to the 2021–2022 cycle, highlighting a similar sequence of a local peak, a sharp drop into a demand zone, and then a rebound.
Bitcoin Relief Rally Fractal Roadmap. Source: Titan of Crypto and TradingView
In the chart, Bitcoin’s price action forms a pattern that mirrors the earlier cycle, with a shaded support area marking the zone where the last major relief rally started. An accompanying momentum oscillator also shows a repeat of lower highs on price versus declining strength, followed by a deep reset into oversold territory, just as it did before the 2022 bounce.
According to his roadmap, Bitcoin is now in the phase where a relief rally could continue to unfold if the fractal holds. However, the update stops short of a firm prediction, instead noting that the market will reveal in the coming weeks whether price keeps tracking the prior pattern or breaks away from it.
