Key Takeaways
- Metaplanet plans to grow its Bitcoin reserves to 10,000 BTC by 2025.
- The firm currently holds 1,762 BTC, worth over $172 million.
- Metaplanet aims to promote Bitcoin adoption through partnerships.
Metaplanet, a Japan-based corporation, has announced an ambitious plan to expand its Bitcoin holdings to 10,000 BTC by the end of 2025.
Currently, the company holds 1,762 BTC, valued at over $172 million, making it the 15th largest corporate Bitcoin holder globally.
CEO Simon Gerovich revealed the goal during a January 5 announcement, stating that the company would utilize tools like share offerings and loans to fund Bitcoin acquisitions.
Gerovich said:
In 2025, we aim to expand our Bitcoin holdings to 10,000 BTC by utilizing the most accretive capital market tools available to us.
Strategic Bitcoin holdings
Metaplanet began holding Bitcoin as a reserve asset last year, aiming to hedge against economic uncertainties in Japan.
The move mirrors the approach of MicroStrategy, which leads corporate Bitcoin holdings with 446,400 BTC.
To achieve its target, Metaplanet will need to acquire over 8,000 BTC this year.
If successful, the company could join the top corporate Bitcoin holders globally.
Broader adoption goals
Beyond building its treasury, Metaplanet aims to foster Bitcoin adoption in Japan and internationally.
Through strategic partnerships and increased transparency initiatives, the firm is positioning itself not just as a corporate leader but as a key player in advancing Bitcoin’s role in the global economy.
Gerovich concluded:
We’re not just building a company but driving a movement. Here’s to a year of progress, innovation, and success.
