#VietnamCryptoPolicy Metaplanet, a Japanese company that pivoted from being a budget hotel firm to a "Bitcoin-first" company, has been aggressively accumulating Bitcoin. Here's a summary of their recent activity and strategy:

Current Holdings and Acquisition Strategy:

* 10,000 BTC: As of June 16, 2025, Metaplanet announced that its Bitcoin holdings have reached 10,000 BTC, surpassing Coinbase's holdings and making it the ninth-largest publicly traded holder of Bitcoin. This milestone was achieved months ahead of its initial schedule.

* Aggressive Targets: Metaplanet has significantly revised its Bitcoin accumulation targets:

* 30,000 BTC by end of 2025

* 100,000 BTC by end of 2026

* 210,000 BTC by end of 2027 (aiming for approximately 1% of Bitcoin's total supply)

* Funding Acquisitions: To fuel these purchases, Metaplanet has been employing various financing instruments:

* Issuing zero-interest ordinary bonds: They recently issued $210 million in such bonds to Evo Fund for Bitcoin acquisition.

* **Equity raises