Metaplanet aims to boost holdings to over 10,000 bitcoin this year
The Tokyo-listed firm aims to boost its bitcoin holdings to 10,000 BTC this year, according to its CEO.The company currently holds 1,761.98 BTC.
Japanese investment firm Metaplanet wants to expand its bitcoin holdings to 10,000 BTC in 2025, an increase of more than fivefold from its current treasury, as it maintains a positive outlook on the world’s largest cryptocurrency.
In a post on X on Sunday, Simon Gerovich, CEO of Metaplanet, wrote that the company intends to boost its bitcoin treasury to 10,000 BTC by “utilizing the most accretive capital market tools available to us.” It currently holds about 1,761.98 BTC ($175.4 million).
The Tokyo-listed firm made its latest bitcoin purchase in late December, acquiring 619.7 BTC on Dec. 23 after it raised 9.5 billion yen ($60.6 million) through two tranches of bond issuance in the same month. The company started adopting bitcoin as a strategic treasury reserve asset in May 2024 and has since been on a buying spree.
“This year, we’re laser-focused on execution and driving even greater value for our shareholders,” Gerovich said, adding that the company will explore opportunities to “grow Metaplanet’s impact in Japan and the bitcoin ecosystem.”
Bitcoin traded up 1.24% in the past 24 hours to change hands at $99,472 at the time of writing, while ether climbed 1.16% to trade at $3,670, according to The Block’s price page . The Block's GMCI 30 index , which measures the performance of the top 30 cryptocurrencies, added 0.61% in the past day.
Metaplanet’s stock closed up 2.73% at 3,575 yen on Monday in Japan, according to Yahoo Finance. The Nikkei 225 index dipped 1.48% on the first trading day of 2025.
Meanwhile, MicroStrategy remains the largest public corporate bitcoin holder, owning 446,400 BTC, according to data from BitcoinTreasuries.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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