According to CoinDesk, the two largest corporate Bitcoin (BTC) holders plan to continue increasing their already substantial Bitcoin reserves.
Weekend tweets indicate that Bitcoin development company MicroStrategy (MSTR) plans to raise up to $2 billion through a preferred stock issuance to support further Bitcoin purchases in the first quarter of 2025.
Meanwhile, in Japan, investment company Metaplanet plans to purchase 10,000 Bitcoins this year (valued at nearly $1 billion at current prices) and engage in various activities to enhance the overall usage of Bitcoin.
Metaplanet CEO Simon Gerovich stated in a post on X: "By 2025, our goal is to expand our Bitcoin holdings to 10,000 BTC by leveraging the most value-added capital market tools."
"Driving Bitcoin adoption in Japan and globally through our partnerships, exploring innovative opportunities to expand Metaplanet's influence in Japan and the Bitcoin ecosystem."
"Happy New Year to our esteemed shareholders! As we approach 2025, I am filled with anticipation for Metaplanet's future. Last year was a transformative year; we broke records, expanded our Bitcoin treasury, and solidified our position as Asia's leading Bitcoin treasury..."
The company is referred to as Japan's MicroStrategy for being the only corporate Bitcoin holder in Asia, with its Bitcoin assets valued at $175 million and a market capitalization of $830 million as of Monday.
Meanwhile, MicroStrategy's Bitcoin holdings were valued at $44 billion as of Monday, and this $2 billion financing is seen as a further advancement of its previously announced '21/21 Plan,' which aims to raise $21 billion in equity and $21 billion in fixed income instruments over the next three years.
Thus, co-founder and board member Michael Saylor hinted at Monday's Bitcoin purchase in a post on X on Sunday night, accompanied by an image of SaylorTracker, a viral chart tracking the company's purchases.
