Metaplanet Bitcoin Strategy Phase Two Plan involves collateralizing BTC to obtain financing, with the consideration of acquiring a local digital bank.
BlockBeats News, July 8th, according to Cointelegraph, Japanese company Metaplanet plans to use its growing Bitcoin reserves to acquire cash-rich businesses, including considering acquiring a digital bank in Japan. In a recent interview, Metaplanet CEO Simon Gerovich stated that the company is accelerating the accumulation of as much Bitcoin as possible, and then plans to use these assets for expansion to stay ahead of other competitors. Originally a hotel operator, Metaplanet started buying Bitcoin in 2024 as a hedge against inflation, currently holding 15,555 BTC, and plans to increase its holdings to over 210,000 by 2027, representing 1% of the total Bitcoin supply.
Metaplanet's second-stage Bitcoin strategy is to use Bitcoin as collateral to obtain financing, similar to securities or government bonds. Simon Gerovich stated that future acquisition targets will align with the company's strategy, potentially acquiring a digital bank in Japan and offering superior digital banking services compared to existing retail banks. Simon Gerovich ruled out the possibility of issuing convertible bonds but remains open to issuing preferred stock to support growth.
You may also like

IOTA Coin Price Prediction & Forecasts: Will It Surge to $0.50 by End of 2025 with 145% Growth?
I’ve been diving into cryptocurrencies for over a decade now, and I remember back in 2017 when I…

The Sandbox(SAND) Coin Price Prediction & Forecasts: Will It Rally to $0.40 by June 2025 with a 40% Surge?
I’ve been tracking The Sandbox(SAND) Coin for years now, ever since I first invested a small amount back…

Gala(GALA) Coin Price Prediction & Forecasts: Will it Rally to $0.03 in May 2025 with 75% Surge?
I’ve been tracking Gala(GALA) Coin for years now, ever since I first invested in it back in 2021…

MemeCore(M) Coin Price Prediction & Forecasts: Will It Rally to $0.60 Next Week After 4.2% Drop?
I’ve been tracking cryptocurrencies for over a decade now, and I remember vividly how I missed out on…

Vaulta(A) Coin Price Prediction & Forecast: Could It Rally 30% to $0.70 by End of 2025?
I’ve been tracking Vaulta(A) Coin since its rebrand from EOS earlier this year, and let me tell you,…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com