Japan’s Metaplanet Plans To Grow Bitcoin Holdings 5X To 10K In 2025
Japan-based venture capital firm Metaplanet plans to grow its Bitcoin holdings by more than fivefold to 10,000 in 2025 as asset managers predict BTC could soar to as high as $200,000. In a Jan. 5 post on X, Metaplanet CEO Simon Gerovich said the company will utilize the “most accretive capital market tools available” to the firm to grow its holdings in the largest crypto by market cap. Metaplanet To Advocate For Bitcoin Adoption In addition to growing its Bitcoin holdings, Gerovich also said that the company aims to advance the adoption of BTC in Japan and the rest of the globe. “We’re not just building a company but driving a movement,” he said. This comes after the company took a page from MicroStrategy’s Bitcoin investment playbook in 2024. Metaplanet currently holds 1,762 BTC, making the firm the 15th largest Bitcoin holder, according to data from BitcoinTreasuries . With the crypto trading at $99,700.97 as of 1:43 a.m. EST...