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The Coin Rise 2025-01-06 08:13:14

Metaplanet Sets Target to Expand Bitcoin Holdings Fivefold by 2025

Metaplanet, a Japan-based venture capital firm, has announced its ambitious plan to bolster its Bitcoin holdings to 10,000 BTC by 2025. The move comes amid growing optimism about Bitcoin’s future, with analysts projecting a bull run that could push the cryptocurrency above $200,000. Currently holding 1,762 Bitcoin worth approximately $173.4 million, Metaplanet has emerged as Asia’s largest corporate Bitcoin holder and ranks 15th globally among public companies. Metaplanet Eyes 10,000 BTC Goal CEO Simon Gerovich shared the company’s strategy in a January 5 post on X, stating that the firm will leverage various financial tools to achieve its goal. “We’re not just building a company but driving a movement,” Gerovich said, emphasizing the company’s dual focus on expanding its Bitcoin reserves and fostering adoption in Japan and worldwide. Metaplanet’s commitment to Bitcoin aligns with broader market trends. Asset managers like VanEck and Bitwise have predicted Bitcoin prices reaching $180,000 to $200,000 in 2025, fueled by potential policy shifts under a crypto-friendly Trump administration. Gerovich suggested that if the U.S. adopts Bitcoin as a strategic reserve , it could trigger a global cascade of similar actions, particularly in nations like Japan, which often mirror U.S. policy decisions. Strategic Acquisitions and Bold Forecasts Metaplanet’s Bitcoin acquisition journey accelerated in 2024, a year that saw the cryptocurrency gain over 120%. On Dec. 23, the firm made its largest purchase yet—619.7 Bitcoin—representing more than a third of its total holdings. To finance its ambitious expansion, Metaplanet plans to utilize a blend of loans, equity, and convertible bonds. This aggressive approach mirrors the playbook of Bitcoin pioneer MicroStrategy, signaling a growing trend among corporate investors who view Bitcoin as a strategic asset. Gerovich highlighted that Metaplanet’s efforts are not merely about financial gains but also about positioning the company as a key player in the global Bitcoin ecosystem. Adding to its optimism, Metaplanet recently projected an operating profit for the fiscal year ending Dec. 31, 2024—its first since 2017. This milestone underscores the company’s turnaround and its strategic pivot toward Bitcoin as a cornerstone of its growth strategy. The post Metaplanet Sets Target to Expand Bitcoin Holdings Fivefold by 2025 appeared first on TheCoinrise.com .

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