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Japanese company Metaplanet currently owns 1,762 Bitcoin and plans to increase its holdings by 467% to 10,000 by 2025. Metaplanet is one of the companies that follows MicroStrategy’s strategy of accumulating as many Bitcoins as possible. The company currently holds about 175 million USD worth of Bitcoin, which it acquired in a total of 19 purchases.
Metaplanet: 10,000 Bitcoin as a target for 2025
Metaplanet CEO Simon Gerovich said on January 5 that his company plans to purchase over 8,000 Bitcoin this year by using all available tools in the capital markets.
Happy New Year to Our Valued Shareholders! As we step into 2025, I couldn’t be more excited about what lies ahead for Metaplanet. Last year was transformational, as we broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin Treasury… pic.twitter.com/K2HsOS8TaZ
— Simon Gerovich (@gerovich) January 5, 2025
The company also wants to promote the acceptance of Bitcoin in Japan and also contribute to its spread worldwide. Metaplanet also plans to strengthen its presence in Japan and support the Bitcoin ecosystem as a whole.
“We are not just building a company, we are driving a whole movement,” said Gerovich.
Metaplanet is the largest Bitcoin holder in Asia and ranks 15th among all publicly traded companies in the world.
VanEck and Bitwise predict Bitcoin prices of up to 200,000 USD
Metaplanet’s plans come at a time when VanEck and Bitwise are predicting Bitcoin prices between 180,000 USD and 200,000 USD by 2025. The price could potentially be even higher if the US actually introduces a strategic Bitcoin reserve.
The US could trigger a domino effect
According to Gerovich, the introduction of a Bitcoin reserve by the US could trigger a domino effect.
“Countries around the world will follow, and Japan is one of the countries that views the U.S. as a big brother. If Trump adopts Bitcoin as a strategic reserve, Japan and many other countries in Asia will do the same,” Gerovich said at Michael Saylor’s New Year’s party in Florida.
A new Bitcoin player since 2024
Metaplanet is among the companies that first bought Bitcoin in 2024 – a year in which Bitcoin rose 120% and exceeded the $100,000 mark for the first time.
Metaplanet’s last purchase was for 619.7 Bitcoin, which represents about 35% of the company’s total Bitcoin holdings.
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