Japan's MetaPlanet Plans to Expand Bitcoin Holdings to 10,000 BTC This Year

Suehyeon Lee

Summary

MetaPlanet announced plans to expand its Bitcoin holdings to 10,000 BTC this year.
Currently holding 1,762 BTC, MetaPlanet plans to proceed with purchases using loans, stocks, and convertible bonds.
MetaPlanet has been strengthening its purchases after adopting Bitcoin as a strategic reserve asset.

MetaPlanet, which models itself after MicroStrategy in Japan, has announced plans to expand its Bitcoin (BTC) holdings this year.

According to BeInCrypto on the 5th (local time), Simon Gerovich, CEO of MetaPlanet, stated, "We plan to expand the company's Bitcoin holdings to 10,000 BTC by the end of 2025."

Previously, MetaPlanet adopted Bitcoin as a strategic reserve asset last year and is currently known to hold 1,762 BTC. The company plans to continue purchasing Bitcoin efficiently using methods such as loans, stocks, and convertible bonds.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

Japan's MetaPlanet Plans to Expand Bitcoin Holdings to 10,000 BTC This Year

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