MicroStrategy and Metaplanet's Ambitious Bitcoin Acquisition Plans
MicroStrategy and Metaplanet aim to acquire billions in Bitcoin, enhancing their holdings significantly in 2025.
Key Information:
- Bitcoin development company MicroStrategy plans to raise up to $2 billion through preferred stock offerings to support Bitcoin purchases in Q1 2025.
- In Japan, Metaplanet announced intentions to acquire 10,000 Bitcoin this year.
- MicroStrategy's potential Bitcoin purchase announcements may be coming soon, with co-founder Michael Saylor hinting at a tweet.
Two of the leading corporate holders of Bitcoin (BTC) are looking to expand their already substantial reserves further.
According to recent tweets, MicroStrategy (MSTR) intends to secure up to $2 billion through preferred stock sales to finance additional Bitcoin acquisitions in early 2025.
Meanwhile, Metaplanet, an investment firm based in Japan, aims to acquire 10,000 Bitcoin (worth nearly $1 billion at today’s prices) along with other initiatives to bolster general Bitcoin adoption.
CEO Simon Gerovich expressed in a post on X, "In 2025, we aim to expand our Bitcoin holdings to 10,000 BTC by utilizing the best available capital market strategies. We are focused on leveraging our partnerships to increase Bitcoin usage both in Japan and globally."
"Happy New Year to Our Valued Shareholders! As we step into 2025, I couldn’t be more excited about what lies ahead for Metaplanet. Last year was transformational, as we broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin Treasury..."
Translation: Happy New Year to our valued shareholders! As we enter 2025, I am very excited about what lies ahead for Metaplanet. Last year was transformative, as we set records, expanded our Bitcoin treasury, and solidified our status as Asia's leading Bitcoin Treasury.
The firm, often dubbed Japan's MicroStrategy for being the sole corporate Bitcoin holder in Asia, possesses approximately $175 million in Bitcoin as of recent data and holds a market capitalization of $830 million.
Meanwhile, MicroStrategy is reported to own approximately $44 billion in Bitcoin. The $2 billion fundraising is reportedly aimed at fulfilling its previously established "21/21 Plan," a capital strategy to generate $21 billion in equity and $21 billion in fixed-income instruments over the next three years.
In relation, co-founder Michael Saylor shared an encouraging hint on Twitter late Sunday, potentially announcing new Bitcoin acquisitions.
"Something about SaylorTracker seems off."
Translation: Something about SaylorTracker doesn’t seem quite right.
BTC is reportedly trading above $99,700 early Monday morning in Asia, nearing the $100,000 threshold as options market activities rise.