Metaplanet, Asia’s biggest business Bitcoin holder, prepares to broaden its Bitcoin holdings from 1,762 BTC to 10,000 BTC by 2025, leveraging loans, equity, and convertible bonds. CEO Simon Gerovich exposed the method on Jan. 5, lining up with bullish forecasts of Bitcoin reaching $200,000 under a possibly crypto-friendly U.S. administration. Motivated by MicroStrategy’s playbook, the company intends to increase Bitcoin adoption internationally and in Japan. Metaplanet’s newest purchase of 619.7 BTC highlights its aggressive technique, with its shares currently up 27.5% given that April 2024. Experts see this as a substantial relocation in the middle of a prospective Bitcoin bull run.
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