Metaplanet, the rising Japanese crypto leader and the 15th corporate Bitcoin holder globally, has announced plans to expand its Bitcoin treasury to 10,000 BTC in 2025.
CEO Simon Gerovich announced this target in his New Year's message to shareholders.
“Last year was transformative, as we broke records, expanded our Bitcoin finance, and solidified our position as the leading Bitcoin Finance Company in Asia,” Simon tweeted.
The expansion plan builds on Metaplanet's regular Bitcoin (BTC) accumulation throughout 2024. During the year, the company increased its holdings from 225.611 BTC in July to 1,761.98 BTC by December 23.
This growth was strategically financed through capital market activity, including two major bond issuances in December: a 4.5 billion yen zero-coupon bond on December 17 and a 5.0 billion yen bond on December 20, both of which ' will mature in June 2025.
The company's commitment to cryptocurrency increased on December 18, 2024, when it officially transformed into Bitcoin Finance Company. This move was immediately followed by an increase of 619.70 BTC on December 23rd.
Through 2024, the company's average Bitcoin acquisition cost has increased from 9,972,933 yen to 11,846,002 yen.
Metaplanet's current holdings, while substantial, are still small compared to industry leader MicroStrategy's 444,262 BTC.
Gerovich's vision for 2025 extends beyond just Bitcoin accumulation. The strategy includes three key initiatives: improving shareholder transparency through new reporting methods, expanding global partnerships to promote Bitcoin adoption, and strengthening Metaplanet's position in the within Japan's cryptocurrency ecosystem.
The ambitious target of 10,000 BTC represents a nearly six-fold increase from current holdings. This positions Metaplanet to climb higher in the ranking of corporate Bitcoin holders, which currently includes well-known companies such as Marathon Digital (44,394 BTC), Riot Platforms (17,429 BTC), and Tesla (9,720 BTC).
