Metaplanet is setting its sights on increasing its Bitcoin portfolio to 10K BTC next year.
Metaplanet currently holds 1,762 Bitcoin and seeks to expand its stash by 467% to achieve 10,000 BTC.
Analysts anticipate a bull market this year that might lift BTC beyond $200,000, prompting Metaplanet to aim for a more than fivefold expansion of its Bitcoin stash to 10,000 BTC by 2025.
Having mirrored MicroStrategy’s Bitcoin investment strategy in 2024, the Japanese venture capital firm now holds 1,762 BTC, totaling $173.4 million, obtained through 19 separate purchases.
Simon Gerovich, CEO of Metaplanet, stated in a Jan. 5 X post that the firm is targeting 10,000 BTC this year “by utilizing the most accretive capital market tools available to us.”
Gerovich stated that the firm’s objectives include driving Bitcoin adoption worldwide and in Japan, as well as “growing Metaplanet’s impact in Japan and the Bitcoin ecosystem.”
“We’re not just building a company but driving a movement,” said Gerovich.
As per BitcoinTreasuries.NET, Metaplanet holds the top corporate Bitcoin position in Asia and ranks as the 15th largest holder of Bitcoin among public companies worldwide.
VanEck and Bitwise forecast Bitcoin prices could surge to $180,000–$200,000 in 2025, with additional upside potential if the U.S., under a projected crypto-friendly Donald Trump administration, introduces a strategic Bitcoin reserve.
Read also: Japan rejects Bitcoin as National Reserve asset amid global debate
Gerovich remarked that a U.S. decision to implement a Bitcoin reserve could “trigger a global domino effect.”
“Countries around the world will follow. Japan is one of those countries where they do look to the US as their big brother, following their footsteps, so if President Trump does adopt it as a strategic reserve then Japan and many other countries in Asia will do the same,” Gerovich said at Michael Saylor’s Bitcoin New Years Eve party in Florida.
With Bitcoin climbing about 120% in 2024, Metaplanet became one of many firms that dove into the cryptocurrency.
On Dec. 23, Metaplanet added 619.7 Bitcoin to its holdings, a purchase that constitutes more than 35% of its total Bitcoin assets.
Metaplanet’s shares have climbed 950% since it began its Bitcoin accumulation on April 23, with an average purchase price of $77,196.
