Metaplanet intends to significantly increase its Bitcoin holdings, targeting approximately 10,000 Bitcoins by the year 2025, based on experts’ forecasts of a potential bull market this year which may drive Bitcoin prices beyond $200,000.
In 2024, a venture capital company based in Japan was among the most prominent firms to emulate MicroStrategy’s Bitcoin investment strategy. At present, they own approximately 1,762 Bitcoins (BTC), valued at around $173.4 million, from 19 separate purchases.
According to a January 5 post on X, Metaplanet CEO Simon Gerovich stated their goal for this year is to expand their Bitcoin holdings to 10,000 BTC by leveraging the best financial instruments at our disposal.
As a crypto enthusiast, I’m eagerly focusing on expanding Bitcoin acceptance within Japan and across the globe. My goal is to amplify Metaplanet’s influence in Japan and contribute significantly to the broader Bitcoin community.
As an analyst, I’d rephrase that statement as follows: “I’m not just helping establish a company, but fostering a significant shift in the market.” Metaplanet, being the largest corporate Bitcoin holder in Asia, holds the 15th largest Bitcoin reserves among publicly-traded companies, according to BitcoinTreasuries data.
The proposed strategy aligns with estimates by VanEck and Bitwise that Bitcoin could reach between $180,000 and $200,000 by 2025, possibly even surpassing this range if the U.S. government were to create a strategic Bitcoin reserve under a presumed crypto-friendly administration of President Trump.
As an analyst, I find myself contemplating the potential consequences of the U.S. establishing a Bitcoin reserve. Such a move might set off a cascade of actions globally, akin to the toppling of dominos in a line.
Countries globally tend to imitate the US’s actions, and Japan is no exception. They often follow the U.S.’s lead, much like a younger sibling emulating an older one. If President Trump were to designate Bitcoin as a strategic reserve, it’s likely that Japan and several other Asian countries would do the same, according to Gerovich at Michael Saylor’s New Year’s Eve party in Florida.
Metaplanet is just one of many companies that invested heavily in Bitcoin during 2024, as its value surged by approximately 120% over the year.
On December 23rd, Metaplanet made its largest ever Bitcoin acquisition, which accounted for more than 35% of their total holdings. This single transaction has caused a surge in their shares, with a 27.5% increase since they began amassing Bitcoin on April 23rd at an average cost of approximately $77,196 per Bitcoin.
As a forward-thinking researcher, I am excited about our strategic approach for expanding our Bitcoin portfolio in 2025 and beyond. We intend to leverage a combination of loans, investments in equity, and convertible bonds to achieve this goal.
On December 18th, the company projected it would have an operational profit during the financial year closing on December 31st. This would signify their first such profit since 2017.
Read More
- HBAR PREDICTION. HBAR cryptocurrency
- IMX PREDICTION. IMX cryptocurrency
- STEEM PREDICTION. STEEM cryptocurrency
- LDO PREDICTION. LDO cryptocurrency
- JTO PREDICTION. JTO cryptocurrency
- POL PREDICTION. POL cryptocurrency
- MNT PREDICTION. MNT cryptocurrency
- TRB PREDICTION. TRB cryptocurrency
- FLOKI PREDICTION. FLOKI cryptocurrency
- COW PREDICTION. COW cryptocurrency
2025-01-06 02:09