Crypto
Key Points
- Metaplanet’s CEO, Simon Gerovich, revealed this year’s plans, including expanding the BTC treasury.
- A significant momentum is building around BTC, amidst strong industry optimism.
Bitcoin surpassed the important level of $99,000 today, January 6, two weeks ahead of the Trump administration’s debut this month, increased adoption and institutional interest. After MicroStrategy, Metaplanet announced plans to boost its BTC reserves significantly this year.
Metaplanet to Raise BTC Holdings to 10,000
In an X post dated January 5, the Japanese company’s CEO, Simon Gerovich, wished shareholders a Happy New Year, revealing plans for 2025.
He noted that 2024 was a transformational year in which Metaplanet broke records, expanding its Bitcoin treasury, and reinforcing its position as Asia’s leading Bitcoin Treasury Company. He said that this year, the company plans on driving even greater value for its shareholders.
Here are the main plans of Metaplanet for 2025:
- Expanding BTC holdings to 10,000 BTC, using the most accretive market tools available.
- Boosting transparency and shareholder engagement via new initiatives.
- Leveraging the company’s partnerships to advance Bitcoin adoption in Japan and globally.
- Exploring innovative opportunities to grow the company’s impact in Japan and the BTC ecosystem.
Metaplanet expects 2025 to be a monumental year for Bitcoin and the crypto industry.
The company’s latest BTC purchase was on December 23, 2024, when it bought 619,7 BTC, boosting its total holdings to almost 1,762 BTC, according to official notes shared via X.
Metaplanet’s announcement comes amidst increased institutional BTC adoption and following MicroStrategy’s bullish announcement regarding plans to buy more BTC as well.
Today, BTC surpassed $99,000 amidst increasing adoption and optimism ahead of the upcoming debut of the Trump administration.
Bitcoin Trades Above $99,000
At the moment of writing this article, BTC is trading above $99,000, up by 1% in the past 24 hours.
BTC’s price was boosted on January 3rd following renewed inflows in BTC ETFs, surpassing $908 million, the most significant inflow day since November 21, according to data from SoSoValue.
BTC remains surrounded by optimism stemming from confidence in a US Strategic Bitcoin Reserve, a subject that was recently debated once more by Satoshi Act Fund’s CEO Dennis Porter via X.
According to him, even if Trump does not issue an executive order to establish an SBR, over a dozen US states are expected to pursue strategic BTC reserve legislation in 2025.
