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Japan-based venture capital firm Metaplanet plans to increase its bitcoin holdings by more than five-fold to 10,000 in 2025, as asset managers predict btc could soar to $200,000.
On January 5 <a target="_blank" href="https://x.com/gerovich/status/1875777564184342786″>mail On x, Metaplanet CEO Simon Gerovich said the company will use the “most profitable capital markets tools available” to increase its holdings in the largest cryptocurrency by market cap.
Metaplanet will advocate for bitcoin adoption
In addition to growing your bitcoin holdings, Gerovich also said that the company aims to advance btc adoption in Japan and the rest of the world. “We are not just building a company but driving a movement,” he said. This comes after the company took a page from MicroStrategy's bitcoin investing playbook in 2024.
Metaplanet currently holds 1,762 btc, making the company the 15th largest holder of bitcoin, according to data from BitcoinTreasures. With the cryptocurrency trading at $99,700.97 as of 1:43 a.m. EST, the company's holdings are worth more than $175.6 million.
Asset Managers Predict btc to Soar to $200,000 in 2025
Metaplanet's intention to buy more btc It comes amid a series of bullish predictions for the king of cryptocurrencies from leading asset managers including VanEck and Bitwise. Both predict that btc could reach between $180,000 and $200,000 this year, with the potential to soar even higher if the United States forms a strategic bitcoin reserve.
If Donald Trump's administration were to form a strategic reserve of btc to help combat the nation's mounting debt, it could “trigger a global domino effect,” Gerovich said at Michael Saylor's bitcoin New Year's Eve party in Florida.
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The adoption of a Strategic bitcoin Reserve by the United States could trigger a global domino effect. As game theory comes into effect, nation-states will rush to accumulate bitcoin, knowing that the last to act will pay the highest price. Fixed supply. Infinite demand. https://t.co/hoFsbW8jvv
– Simón Gerovich (@gerovich) <a target="_blank" href="https://twitter.com/gerovich/status/1874628643491926261?ref_src=twsrc%5Etfw”>January 2, 2025
Metaplanet's CEO believes other countries could do the same. One of those countries will be Japan, which currently “considers the United States as its big brother,” he said. Many other Asian countries could then “start doing the same,” Gerovich added.
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