By 2025, Metaplanet Eyes will increase its Bitcoin holdings to 10 thousand BTC.
Analysts predict that Bitcoin will soar above $200,000 this year, while Metaplanet aims to more than quintuple its Bitcoin stash to 10,000 Bitcoins by 2025.
The Japan-based venture capital firm is one of the companies following MicroStrategy's Bitcoin Investment Book 2024 and currently holds 1,762 bitcoins (BTC) worth $173.4 million from 19 acquisitions.
Metaplanet CEO Simon Gerovic said in a January 5 X post that his goal this year is to increase his holdings to 10,000 BTC “using the most acceptable capital market tools available to us.”
Gerovich also stated that he aims to increase the adoption of Bitcoin in Japan and globally, as well as to “increase the impact of Metaplanet and the Bitcoin ecosystem in Japan.”
“We're not just building a company, we're driving a movement,” Gerovich said. Metaplanet is the largest corporate bitcoin holder in Asia and has the 15th largest bitcoin holdings among publicly listed companies, according to BitcoinTreasuries data.
Source: Simon Gerovitch
The plan comes as asset managers VanEck and Bitwise predict Bitcoin will reach $180,000 to $200,000 by 2025 — or even more if the United States receives strategic bitcoin reserves under the expected crypto-friendly Trump administration.
If the U.S. follows suit with bitcoin reserves, “it could cause a global domino effect,” Jirovitch said.
“Countries around the world will follow, Japan is one of the countries that see America as their big brother, following in their footsteps will be Japan and many other Asian countries that President Trump has taken as a strategic reserve.” Do the same,” Gerovitch explained at Michael Saylor's Bitcoin New Year's Party in Florida.
Metaplanet is one of the many firms that dived into Bitcoin in 2024, which saw Bitcoin gain about 120% year over year.
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Metaplanet's most recent purchase of 619.7 bitcoins on December 23rd was the largest – representing more than 35% of its total stash, and its shares are now up 27.5%, year-to-date. The shares are up 27.5% since it began collecting bitcoin on April 23 at an average price of $77,196.
Metaplanet's share price change over the past 12 months. Source: Google Finance
Jerovich's company plans to use debt, equity and convertible bonds to increase its Bitcoin holdings in 2025 and beyond.
On December 18, the company predicted that it would see an operating profit for the fiscal year ending December 31, which would mark the first since 2017.
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