Metaplanet is setting its sights on acquiring 10,000 Bitcoins this year, driven by positive sentiment in Bitcoin and blockchain technology. With current holdings of 1,762 Bitcoins, worth $173.4 million, the Japanese firm plans to increase its digital asset portfolio, following the investment path of MicroStrategy.
CEO Simon Gerovich detailed the company's plan in a New Year message, emphasizing their commitment to boosting shareholder value by expanding BTC holdings. The company aims to advance Bitcoin transparency, forge partnerships to enhance adoption, and explore innovation within the blockchain space.
Analysts predict Bitcoin could hit between $180k to $200k, which aligns with Metaplanet's strategic goals amid favorable market conditions. The movement spearheaded by Metaplanet in Asia could lead to a wider digital asset adoption, influencing other countries like Japan to follow suit. Gerovich hints at a breakout year for Metaplanet's progress and success in 2025.
