According to the source, Tokyo Stock Exchange-listed Metaplanet Inc. said it secured a $100 million loan collateralized by its Bitcoin holdings and will deploy the proceeds to acquire additional BTC, per the company's announcement and exchange listing. For trading, this points to incremental corporate spot demand and added leverage tied to BTC collateral, so monitor BTC spot volumes and basis during Asia trading hours for flow impact, based on the company's stated plan and listing disclosures.