The Japanese company Metaplanet has announced its intention to acquire 10,000 BTC by 2025, which will strengthen its position as a leader in bitcoin treasury in Asia. This strategy places the company in direct competition with the American firm MicroStrategy.
Metaplanet's Plans for 2025
Metaplanet announced its ambitious goal to acquire 10,000 BTC by 2025. The company's CEO, Simon Gerovich, emphasized the need to leverage various capital investment tools such as loans, convertible bonds, and equity to achieve this goal.
Achievements in 2024
2024 was a transformative year for Metaplanet, which significantly increased its bitcoin holdings to 1,762 BTC by the end of the year. In December 2024, Metaplanet acquired 620 BTC for $60 million, at an average price of $96,000 per BTC.
Competition with MicroStrategy
Metaplanet positions itself as a serious competitor to MicroStrategy, which currently holds 446,400 BTC. Although Metaplanet still has a long way to go, its aggressive strategy and initiatives to promote bitcoin adoption might allow it to surpass the American giant in the future.
Metaplanet's aim to acquire 10,000 BTC by 2025 highlights its commitment to bitcoin and its ambitious growth strategy. Existing financial strategies and initiatives to improve bitcoin adoption may enable the company to achieve its goals and possibly surpass MicroStrategy.
