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Metaplanet aims to increase its Bitcoin holdings to 10,000 BTC

Metaplanet has announced an ambitious goal to expand its Bitcoin holdings to 10,000 BTC by the end of 2025

Metaplanet, a Japan-based firm, has set an ambitious target to increase its Bitcoin holdings to 10,000 BTC by the end of 2025. This signals its intent to become a significant player in the corporate cryptocurrency landscape.

Currently holding 1,762 BTC valued at over $172 million, the company plans to use capital market strategies, including share offerings and loans, to reach this goal. The company’s CEO, Simon Gerovich, announced this strategy on January 5, following a successful 2024 marked by record growth and enhanced Bitcoin reserves.

Metaplanet’s approach is reminiscent of MicroStrategy, the largest corporate Bitcoin holder, which employs debt and bond issuance for acquisitions. Although Metaplanet’s current holdings are modest compared to MicroStrategy’s 446,400 BTC, its plan to acquire over 8,000 BTC this year could elevate its status among corporate Bitcoin holders.

Ranked as the 15th largest corporate Bitcoin holder, Metaplanet has already experienced a nearly 30% profit on its existing reserves, providing a robust foundation for expansion. Achieving the 10,000 BTC target will necessitate strategic financial maneuvers.

In addition to increasing its reserves, Metaplanet aims to promote Bitcoin adoption in Japan and worldwide, focusing on shareholder engagement, transparency, and partnerships.

Gerovich emphasized that the company’s goals extend beyond mere corporate growth, reflecting a commitment to enhancing Bitcoin’s role in the global economy. As Metaplanet pursues its ambitious objectives, its progress will be closely monitored in the upcoming year.

Recently, Bitcoin dipped below $100k and is currently trading at around $97k, according to CoinMarketCap data.

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