With Bitcoin's growing appeal as a reserve asset, companies Metaplanet and Cardone Capital are taking significant steps to increase their holdings. These actions highlight changes in corporate financial strategies adapting to new economic realities.
Metaplanet's Bitcoin Accumulation Strategy
Metaplanet has laid out a multi-year acquisition plan to secure 1 percent of Bitcoin’s total supply. Currently holding 11,111 BTC, the company plans to raise this figure to 30,000 BTC by fiscal year 2025. According to CEO Simon Gerovich, the firm is adopting a deliberate and structured approach to this.
Cardone Capital's Approach to Bitcoin
Cardone Capital, led by Grant Cardone, has pursued a less aggressive strategy in the United States, recently acquiring 1,000 BTC valued at approximately 101 million dollars. According to Cardone, this will be a blend of Bitcoin and real estate, which he views as substantial assets.
Overall Trend of Corporate Bitcoin Usage
Considering the acquisitions by Metaplanet and Cardone Capital, Bitcoin is increasingly becoming a core element of corporate treasury management. This signals a global trend among companies towards using Bitcoin as a reserve asset.
The actions of Metaplanet and Cardone Capital highlight a significant shift in the business community's approach to Bitcoin. As more firms adopt similar strategies, the trend toward Bitcoin as a crucial financial asset is likely to continue.
