Japan-based venture capital firm Metaplanet has set its sights on increasing its Bitcoin holdings to 10,000 BTC by the end of 2025, a significant leap from its current holdings of 1,762 BTC, valued at $173.4 million. CEO Simon Gerovich revealed in a Jan. 5 statement that the company plans to utilize advanced capital market strategies to achieve this goal while driving Bitcoin adoption both in Japan and globally.
Currently the largest corporate Bitcoin holder in Asia and ranking 15th worldwide among publicly listed companies, Metaplanet’s bold move aligns with widespread market optimism. Analysts from VanEck and Bitwise forecast Bitcoin’s price to reach between $180,000 and $200,000 in 2025, with even higher valuations possible if the United States adopts a strategic Bitcoin reserve under a potential crypto-friendly administration.
Gerovich noted that such a move by the U.S. could trigger a global domino effect, with countries like Japan following suit. Speaking at Michael Saylor’s Bitcoin New Year’s Eve event in Florida, he emphasized the potential for a global shift, stating, “We’re not just building a company but driving a movement.”
The announcement follows Bitcoin’s impressive 120% gain in 2024 and highlights Metaplanet’s continued commitment to solidifying its position in the cryptocurrency market as it prepares for a potentially historic year.
Source: Cointelegraph
