In a January 5 X statement, Metaplanet CEO Simon Gerowicz said his goal for this year is to grow the stock to 10,000 BTC by leveraging the most favorable capital market instruments.
Mr. Gerowicz also said his goal is to promote #bitcoin we're not just creating a company, we're creating a movement, Gerowicz said. According to BitcoinTreasuries, Metaplanet is the largest corporate bitcoin holder in Asia and ranks 15th among listed companies.
Mr. Gelowitz said that if the U. S. decides to create a bitcoin reserve, it would "cause a global domino effect.
He said it could -
"If President Trump adopts bitcoin as a strategic reserve, Japan and many other Asian countries will do the same because countries around the world are following suit, and Japan is one of the countries that sees the U. S. as a big brother following in its footsteps, Jerowitz explained at Michael Saylor's New Year's Eve bitcoin party in Florida.
Metaplanet is one of many companies entering bitcoin in 2024, as bitcoin has risen in value by about 120% in one year.
BREAK The latest purchase of 619.7 bitcoins on Dec. 23 was the largest purchase in Metaplanet's history, accounting for more than 35% of the company's total shares, and its stock is up 27.5% with an average purchase price of $77,196 since April 23, when bitcoin accumulation began.
Gerowitz's company plans to increase bitcoin accumulation after 2025 through a combination of loans, stocks and convertible bonds.
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