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Japan-based enterprise capital agency Metaplanet plans to develop its Bitcoin holdings by greater than fivefold to 10,000 in 2025 as asset managers predict BTC may soar to as excessive as $200,000.
In a Jan. 5 publish on X, Metaplanet CEO Simon Gerovich stated the corporate will make the most of the “most accretive capital market instruments obtainable” to the agency to develop its holdings within the largest crypto by market cap.
Metaplanet To Advocate For Bitcoin Adoption
Along with rising its Bitcoin holdings, Gerovich additionally stated that the corporate goals to advance the adoption of BTC in Japan and the remainder of the globe. “We’re not simply constructing an organization however driving a motion,” he stated. This comes after the corporate took a web page from MicroStrategy’s Bitcoin funding playbook in 2024.
Metaplanet at the moment holds 1,762 BTC, making the agency the fifteenth largest Bitcoin holder, in keeping with knowledge from BitcoinTreasuries. With the crypto buying and selling at $99,700.97 as of 1:43 a.m. EST, the corporate’s holdings are value greater than $175.6 million.
Asset Managers Predict BTC Will Soar To As Excessive As $200,000 In 2025
Metaplanet’s intention to purchase extra BTC comes amid a collection of bullish predictions for the crypto king from main asset managers, together with VanEck and Bitwise. Each predict that BTC may attain between $180,000 and $200,000 this 12 months, with the potential to soar even larger if the US kinds a strategic Bitcoin reserve.
Ought to the Donald Trump administration kind a strategic BTC reserve to assist fight the nation’s ballooning debt, it may “set off a worldwide domino impact,” Gerovich stated at Michael Saylor’s Bitcoin New Years Eve occasion in Florida.
🇺🇸 The U.S. adopting a Bitcoin Strategic Reserve may set off a worldwide domino impact. As recreation idea kicks in, nation-states will race to build up Bitcoin, figuring out the final to behave can pay the best value. Fastened provide. Infinite demand. https://t.co/hoFsbW8jvv
— Simon Gerovich (@gerovich) January 2, 2025
The Metaplanet CEO believes that different international locations may observe go well with. One such nation will probably be Japan, who at the moment “look to the US as their large brother,” he stated. Many different Asian international locations may then “begin to do the identical,” Gerovich added.
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