Summary
- Metaplanet CEO claimed that Bitcoin is the best financial strategic asset for listed companies.
- Metaplanet recently announced that its market capitalization surpassed $1 billion after adopting a Bitcoin holding strategy.
- The company stated plans to increase its Bitcoin holdings to 10,000 BTC using loans, stocks, and convertible bonds.
The CEO of the Japanese listed company Metaplanet, which has purchased Bitcoin (BTC), claimed that Bitcoin is the best financial strategic asset for listed companies.
On the 16th (local time), Simon Gerovich, CEO of Metaplanet, stated via X, "For the first time since adopting the Bitcoin holding strategy, we have surpassed a market capitalization of $1 billion (approximately 1.4595 trillion KRW)."
On the 5th, he mentioned that the company plans to increase its Bitcoin holdings to 10,000 BTC using loans, stocks, and convertible bonds.
Meanwhile, Metaplanet currently holds 1,762 BTC.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
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