Metaplanet, Asia's largest corporate Bitcoin holder, has set an ambitious goal to increase its Bitcoin reserves significantly. The company plans to boost its holdings from the current 1,762 BTC to 10,000 BTC by 2025. The strategy to achieve this includes leveraging financial instruments like loans, equity, and convertible bonds.
The announcement was made by CEO Simon Gerovich on January 5th. This bold move aligns with optimistic predictions that Bitcoin's price could reach $200,000, driven by a potentially crypto-friendly U.S. administration.
Inspired by MicroStrategy's aggressive cryptocurrency acquisition strategy, Metaplanet is poised to solidify its position in the market, betting on the anticipated surge in Bitcoin's value.
