Key Points
- Metaplanet plans to increase its Bitcoin holdings to 10,000 BTC by 2025.
- Bitcoin’s surge past $100K has sparked significant institutional interest, positively impacting Metaplanet’s stock.
Bitcoin [BTC] reached a significant milestone in the last month of 2024, as it crossed the $100,000 mark.
Despite experiencing multiple fluctuations, BTC was trading at $99,234.19 at the time of writing, following a modest 0.87% increase in the last 24 hours.
Metaplanet’s Ambitious 2025 Plan
In the wake of this bullish momentum, Metaplanet has announced its plan to increase its Bitcoin holdings fivefold, aiming for 10,000 BTC by 2025.
Metaplanet CEO Simon Gerovich shared these plans on X (formerly Twitter), stating that the company plans to use the most efficient capital market tools available.
The company’s future goals include focusing on transparency and increasing shareholder engagement through innovative initiatives.
Metaplanet also plans to use partnerships to promote Bitcoin adoption in Japan and globally, further establishing its role in the crypto ecosystem.
Metaplanet and MicroStrategy: A Similar Approach?
Metaplanet’s strategy is reminiscent of MicroStrategy’s well-known Bitcoin investment approach.
Currently, Metaplanet holds 1,762 BTC, worth $173.4 million, from 19 acquisitions, making it the largest corporate Bitcoin holder in Asia.
On December 23rd, the company announced a significant purchase of 619.7 BTC at an average price of ¥15.3 million ($97,786) per Bitcoin. This acquisition increased its total holdings to 1,761.98 BTC, valued at over $164 million.
According to data from BitcoinTreasuries, Metaplanet now ranks 15th globally among publicly listed companies in terms of Bitcoin ownership.
Metaplanet’s aggressive BTC accumulation strategy aligns with bullish predictions from asset managers like VanEck and Bitwise, who predict Bitcoin could reach $180,000–$200,000 by 2025, potentially even higher under a pro-crypto U.S. administration.
This strategy has positively impacted Metaplanet’s stock performance, with shares climbing 2.73% to ¥3,575.00, indicating growing investor confidence in its forward-looking approach.
The impact of increasing institutional demand for Bitcoin on the broader crypto market remains to be seen.
