Metaplanet Moves On Digital Bank Acquisition As It Scales Bitcoin Strategy
2025-07-09 04:23:02
Main Idea
Tokyo-listed Metaplanet is aggressively expanding its Bitcoin holdings, aiming to acquire 210,000 BTC by 2027, and plans to leverage its Bitcoin stash to acquire cash flow businesses, including digital banks.
Key Points
1. Metaplanet currently holds 15,555 BTC and aims to increase its holdings to 210,000 BTC by 2027, which would represent 1% of all Bitcoin that will ever exist.
2. The company recently spent $237 million to purchase 2,204 BTC at an average price of $108,600 per coin, bringing its average purchase price to roughly $99,985.
3. Metaplanet's share price has surged 340% this year as investors respond to its Bitcoin strategy.
4. The company plans to use Bitcoin as collateral to acquire cash flow businesses, with potential targets including Japanese digital banks.
5. Metaplanet ranks among the top five companies in Bitcoin holdings, with a market value above $7 billion, but faces regulatory uncertainties in Japan regarding crypto-backed lending.
Description
Tokyo-listed Metaplanet has quietly become one of the world’s biggest corporate Bitcoin holders. It owns 15,555 BTC today. Based on reports, its CEO Simon Gerovich wants to boost that to more than 210,000 BTC by 2027. That goal would put the firm’s stash at 1% of all Bitcoin that will ever exist. Racing To Build A Bitcoin Nest Egg According to Gerovich, the company started buying Bitcoin in 2024. At first, it was just a hedge against rising prices. Now it feels more like a sprint. On Monday, Met...
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