According to TechFlow, Japanese listed company Metaplanet plans to expand its Bitcoin holdings to 10,000 by 2025. CEO Simon Gerovich said that capital market tools will be used to achieve this goal.
Metaplanet currently holds 1,762 bitcoins through 19 purchases, worth about $173.4 million. The company plans to increase its holdings through loans, equity and convertible bonds.
Metaplanet is the largest corporate Bitcoin holder in Asia and ranks 15th in the world. The latest purchase was 619.7 Bitcoins, accounting for more than 35% of the total holdings, with an average price of $77,196. Gerovich said that if the United States establishes a strategic Bitcoin reserve, it may trigger global imitation.
