Crypto
Metaplanet, Asia’s largest corporate Bitcoin holder, plans to expand its Bitcoin holdings from 1,762 BTC to 10,000 BTC by 2025, leveraging loans, equity, and convertible bonds. CEO Simon Gerovich revealed the strategy on Jan. 5, aligning with bullish predictions of Bitcoin reaching $200,000 under a potentially crypto-friendly U.S. administration. Inspired by MicroStrategy’s playbook, the firm aims to boost Bitcoin adoption globally and in Japan. Metaplanet’s latest purchase of 619.7 BTC highlights its aggressive approach, with its shares already up 27.5% since April 2024. Analysts see this as a significant move amid a potential Bitcoin bull run.
