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CryptoIntelligence 2025-01-06 15:55:00

Metaplanet Plans to Expand Bitcoin Holdings to 10,000 BTC in 2025

Japan-based venture capital firm Metaplanet has set a goal to increase its Bitcoin holdings more than fivefold to 10,000 BTC in 2025. This move comes as analysts predict a bullish year for Bitcoin, with projections suggesting it could surpass $200,000. Currently, Metaplanet holds 1,762 Bitcoin, valued at $173.4 million from 19 separate purchases, following a strategy similar to MicroStrategy’s. In a Jan. 5 X post, Metaplanet CEO Simon Gerovich stated the company plans to achieve this goal by “utilizing the most accretive capital market tools available to us.” Gerovich added that Metaplanet aims to promote Bitcoin adoption both in Japan and globally while enhancing its influence within the Bitcoin ecosystem. “We’re not just building a company but driving a movement,” Gerovich said. Metaplanet is the largest corporate Bitcoin holder in Asia and ranks 15th globally among publicly listed companies, according to BitcoinTreasuries.NET. This ambitious plan aligns with bullish predictions from asset managers VanEck and Bitwise, who foresee Bitcoin reaching $180,000 to $200,000 in 2025. They suggest this could climb even higher if the United States establishes a strategic Bitcoin reserve under an anticipated crypto-friendly Trump administration. Gerovich believes such a move would “trigger a global domino effect.” “Countries around the world will follow. Japan is one of those countries where they do look to the US as their big brother. If President Trump adopts Bitcoin as a strategic reserve, Japan and many other countries in Asia will do the same,” Gerovich said at Michael Saylor’s Bitcoin New Year’s Eve party in Florida. In 2024, Metaplanet increased its Bitcoin holdings significantly, including a December purchase of 619.7 BTC, its largest single acquisition. The company’s shares have soared 950% since it began accumulating Bitcoin in April 2024 at an average price of $77,196. Looking ahead, Metaplanet plans to leverage loans, equity, and convertible bonds to meet its 2025 Bitcoin target. The firm also projected an operating profit for 2024, marking its first since 2017.

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