Metaplanet, often referred to as Japan’s MicroStrategy, is aggressively increasing its Bitcoin holdings, becoming the largest corporate Bitcoin holder in Asia.
Expanding Bitcoin Holdings
The company recently purchased an additional 150 BTC valued at $12.6 million, raising its total reserves to 3,350 BTC. Metaplanet’s goal is to reach 10,000 BTC by 2025 and 21,000 BTC by 2026. According to BitcoinTreasuries.net, Metaplanet is now the 10th largest public Bitcoin holder globally and leads in Asia.
Strategic Moves and New Appointments
Eric Trump, the second son of former U.S. President Donald Trump, recently joined Metaplanet’s Strategic Board of Advisors. CEO Simon Gerovich believes Trump’s expertise in business and passion for Bitcoin will strengthen Metaplanet’s position as a leading Bitcoin Treasury company. This move aligns with potential pro-Bitcoin policies that may emerge in the U.S. if Trump’s 2024 presidential campaign is successful.
Bitcoin Yield
Metaplanet employs the BTC Yield metric to evaluate the effectiveness of its Bitcoin accumulation strategy. In Q3 2024, the BTC Yield was 41.7%, and in Q4 it rose to 309.8%, reflecting aggressive expansion alongside a rally in Bitcoin prices. Since the start of 2024, Metaplanet’s share price rose by 38.7%, according to Google Finance.
Metaplanet remains a significant player in the Bitcoin market, with strategic moves indicating further strengthening in the digital asset space.
