
Metaplanet’s 2025 Vision: CEO Outlines Plan to Acquire 10,000 BTC
In a bold move, Metaplanet has announced its ambitious goal of increasing its Bitcoin holdings fivefold by the end of 2025. The company aims to acquire an impressive 10,000 BTC, further solidifying its position as a significant player in the cryptocurrency market.
This decision comes on the heels of Bitcoin’s recent surge past the $100,000 mark. The CEO, Simon Gerovich, emphasized that Metaplanet will utilize “the most accretive capital market tools available to us” to achieve this goal. It remains unclear what specific strategies the company intends to employ to reach its target.
Metaplanet’s current Bitcoin holdings currently stand at 1,762 BTC, valued at a substantial $173.4 million from 19 separate acquisitions. This makes it the largest corporate Bitcoin holder in Asia. The acquisition of 619.7 BTC at an average price of ¥15.3 million ($97,786) per Bitcoin on December 23rd pushed its total holdings to 1,761.98 BTC, valued at over $164 million.
This move mirrors MicroStrategy’s renowned Bitcoin investment approach, with Metaplanet positioning itself as a major player in the cryptocurrency market. The company is expected to continue leveraging partnerships to drive Bitcoin adoption globally and strengthen its role in the ecosystem.
Metaplanet’s bold plan is likely to have significant implications for the crypto market in 2025. Asset managers like VanEck and Bitwise have forecasted that Bitcoin could surge as high as $180,000 or even $200,000 by the end of next year. Such a scenario would undoubtedly lead to an upward trajectory in Metaplanet’s stock price.
As of now, the company’s stock performance has already been positively impacted by its forward-looking approach, with shares rising 2.73% to ¥3,575.00. This reflects growing investor confidence in the company’s vision and strategy.
Source: ambcrypto.com