ChainCatcher news, according to Cointelegraph, Japanese listed company Metaplanet announced plans to expand its Bitcoin holdings to 10,000 coins by 2025. The company's CEO Simon Gerovich stated on January 5 that they will utilize the most value-added capital market tools to achieve this goal. Currently, the company holds 1,762 Bitcoins through 19 purchases, valued at approximately 173.4 million USD.
As the largest corporate Bitcoin holder in Asia, Metaplanet ranks 15th globally among publicly listed companies in Bitcoin holdings. The company plans to increase its holdings through various methods such as loans, equity, and convertible bonds. The company's most recent purchase on December 23 involved 619.7 Bitcoins, accounting for over 35% of its total holdings, with an average purchase price of 77,196 USD. Gerovich stated that if the U.S. establishes a strategic Bitcoin reserve under the new government, it could trigger a global chain reaction, with Asian countries like Japan potentially following suit.
