Metaplanet Pursues Ambitious Bitcoin-Backed Business Expansion
By: Eliza Bennet
Metaplanet, a prominent Japanese Bitcoin treasury company, has unveiled a strategic plan to convert its Bitcoin holdings into collateral to secure bank financing. This move is aimed at acquiring profitable businesses, making Metaplanet a key player in leveraging digital assets for traditional financing methods. According to Simon Gerovich, the company's CEO, the initiative reflects an ambitious transition in the company’s financial operations, expected within the next four to six years. Gerovich envisions a future where Bitcoin could be used much like traditional securities or government bonds to access attractive financing options from financial institutions.
The company’s recent activity underlines this strategy, with a significant Bitcoin acquisition on June 7, 2025. Metaplanet purchased 2,205 BTC for approximately $237 million, increasing its Bitcoin reserves to 15,555 BTC, valued at about $1.7 billion. This makes Metaplanet the fifth-largest public holder of Bitcoin. Gerovich emphasized that the company's main focus is to accumulate as much Bitcoin as possible. The ultimate goal is to own 1% of Bitcoin's total supply by 2027, a move labelled by Gerovich as a 'Bitcoin gold rush'.
In addition to its Bitcoin accumulation strategy, Metaplanet aims to acquire businesses that align with its mission, including potential acquisitions in the digital banking sector. The idea is to create superior digital banking services in Japan that could offer more to consumers than traditional retail offerings. This business expansion plan is also drawing significant institutional investment interest, notably from Capital Group, a significant US asset manager holding a vital share in Metaplanet.
Capital Group is poised to become Metaplanet’s largest shareholder, holding 44.2 million shares or about 6.6% of the company, closely following MMXX Ventures’s 44.3 million shares. This institutional backing highlights the growing confidence in Metaplanet's strategic Bitcoin-driven business expansion and positions it for substantial influence in both the cryptocurrency and traditional financial sectors.
For more information on cryptocurrency finance, you can visit well-known sources such as Binance or Coinbase.
