Ultrastrong light-matter coupling opens exciting possibilities to generate squeezed quantum states and entanglement. We propose achieving this regime in superconducting hybrid nanostructures with ferromagnetic interlayers. Strong confinement of the electromagnetic field between superconducting plates results in the existence of magnon-polariton (MP) modes with ultrastrong magnon-photon coupling, ultrahigh cooperativity, and colossal group velocities. These modes provide a numerically accurate explanation of recent experiments and have intriguing quantum properties. The MP quantum vacuum consists of the squeezed magnon and photon states with the degree of squeezing controlled in wide limits by the external magnetic field. The ground-state population of virtual photons and magnons is vast and can be used for generating correlated magnon and photon pairs. MP excitations contain bipartite entanglement between magnons and photons. Our results indicate that superconducting/ferromagnet nanostructures are very promising for quantum magnonics.