TechFlow News, January 6 — According to Cointelegraph, Japanese publicly listed company Metaplanet announced on January 5 its plan to increase its Bitcoin holdings to 10,000 BTC by 2025. CEO Simon Gerovich stated that the company will utilize the most value-enhancing capital market instruments to achieve this goal. The company currently holds 1,762 BTC through 19 purchases, worth approximately $173.4 million.
As Asia's largest corporate Bitcoin holder, Metaplanet ranks 15th globally among publicly listed companies in terms of Bitcoin holdings. The company plans to boost its holdings through various means including loans, equity offerings, and convertible bonds. Its most recent purchase occurred on December 23, when it acquired 619.7 BTC—over 35% of its total holdings—at an average price of $77,196 per BTC. Gerovich suggested that if the U.S. establishes a strategic Bitcoin reserve under its new administration, it could trigger a global ripple effect, potentially prompting Asian nations like Japan to follow suit.
