Metaplanet Aims to Own 10,000 Bitcoins by 2025
The company dubbed “Asian MicroStrategy” plans to increase its Bitcoin reserves by 470% by 2025.
Metaplanet, a Japanese investment firm, aims to expand its Bitcoin holdings to 10,000 BTC by 2025.
Currently, the company owns 1,762 BTC, worth about $173.6 million from 19 transactions, with an average purchase price of about $75,000 per coin. If the plan is realized, its Bitcoin holdings will increase by 470%, or more than five times its current amount.
Yesterday, CEO Simon Gerovich said Metaplanet will do this through capital market instruments, including loans, stocks, and convertible bonds, to increase its Bitcoin holdings in 2025 and beyond.
Happy New Year to Our Valued Shareholders! As we step into 2025, I couldn’t be more excited about what lies ahead for Metaplanet. Last year was transformational, as we broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin Treasury… pic.twitter.com/K2HsOS8TaZ
— Simon Gerovich (@gerovich) January 5, 2025
Gerovich also emphasized that Metaplanet is not just an investment firm, but is also driving Bitcoin adoption in Japan and globally, while strengthening its influence in the Bitcoin ecosystem. “We are not just building a company, we are driving a movement,” he said.
Metaplanet is now the largest Bitcoin holding company in Asia and the 15th largest publicly traded company globally, according to data from BitcoinTreasuries. The company's most recent transaction was on December 23, 2024, when it bought 619.7 BTC. This was also its largest transaction, accounting for more than 35% of Metaplanet's Bitcoin holdings.
Since starting to accumulate Bitcoin on April 23, 2024, Metaplanet's shares have risen 27.5%.
Metaplanet's plans come as analysts predict a major bull run in the market by 2025. Asset managers such as VanEck and Bitwise predict that Bitcoin could reach $180,000 to $200,000, or even higher if the United States adopts a Bitcoin reserve strategy under the Trump administration.
Gerovich said that if the US approves the plan, it could trigger a global domino effect. “Japan is one of the countries that tends to look to the US as a big brother, so if President Trump adopts Bitcoin as a strategic reserve, Japan and many other countries in Asia will follow suit.”
On December 18, Metaplanet predicted that it would reach operating profit in fiscal 2024, marking the first time the company has made a profit since 2017. Metaplanet was also among the companies that invested heavily in Bitcoin last year, when the price of the digital currency increased by 120%.
