Metaplanet Japan not only accumulates Bitcoin but also realizes value by using Bitcoin as collateral to finance profitable business acquisitions.
With over 15,555 BTC in hand, equivalent to about 1.7 billion USD, the company aims to scale up to 210,000 BTC by 2027 and use them to expand business operations rather than just holding digital assets.
MAIN CONTENT
Metaplanet owns 15,555 BTC and is the largest Bitcoin-holding company outside of North America.
The 'second phase' strategy focuses on using Bitcoin as collateral to raise capital for acquiring cash-flow businesses.
Why did Metaplanet shift from merely holding to using Bitcoin for development?
CEO Simon Gerovich asserts that using Bitcoin as collateral for bank loans is an important step that helps the company create financial leverage, rather than just holding Bitcoin as a passive asset.
Metaplanet has accumulated up to 15,555 BTC, valued at approximately 1.7 billion USD, leading companies outside North America in ownership. This is a solid foundation for the company to turn Bitcoin into an economic driver, supporting the acquisition of profitable businesses and diversifying its portfolio of operations.
"Bitcoin, like stocks or government bonds, can be used as collateral with banks to receive loans at attractive interest rates."
Simon Gerovich, CEO of Metaplanet, 2024, Financial Times
What is the purpose of the strategy to accumulate 210,000 Bitcoin by 2027?
The company aims to achieve a Bitcoin amount of up to 210,000 by the end of 2027, aiming to dominate a unique position that is hard to surpass in the corporate digital asset market.
"We need to accumulate as much as possible to reach a strong enough stature that our competitors cannot catch up," emphasized CEO Gerovich. The initial phase focuses on accumulation, while the second phase begins to convert Bitcoin's value into real business power.
Is using Bitcoin as collateral in traditional finance common?
While the practice of using Bitcoin as collateral for loans has become popular in the cryptocurrency community, it is still very rare in traditional finance. This is the advantage that Metaplanet leverages to create capital with attractive terms.
To date, the company has raised capital through bond issuance and stock purchase rights, and is now accelerating the use of Bitcoin while the market still has many large-scale coins.
"Using Bitcoin as collateral is a breakthrough that helps businesses convert digital assets into real capital."
Analysis by CEO Simon Gerovich, 2024
What is the timeline and expected timeframe for Metaplanet to complete its strategy?
The CEO predicts that the current phase, focusing on accumulating Bitcoin, will extend for another 4 to 6 years. As the available Bitcoin fund shrinks, companies will find it harder to enter the game and catch up with Metaplanet.
This strategy aims for sustainability and optimization by leveraging digital assets to create sustainable financial strength in the global market.
How does Metaplanet raise capital and apply Bitcoin in business investment?
To date, the company has raised most of its capital by issuing bonds and stock purchase rights. Bitcoin is not only a store of value but also a tool for borrowing capital from banks at attractive interest rates, facilitating investments in stable cash-flow businesses.
What are practical examples of the effectiveness of Metaplanet's digital asset strategy?
With over 15,555 BTC currently available (equivalent to ~1.7 billion USD), Metaplanet leads companies outside North America in Bitcoin holdings. This transformation is highly regarded by experts for providing strong financial leverage, paving the way for significant development plans in the multi-industry business sector.
Comparison table of Bitcoin holdings between Metaplanet and other companies (estimated for 2024)
Company Bitcoin Amount (BTC) Estimated Value (billion USD) Country Metaplanet 15,555 1.7 Japan Large North American Companies (average) 12,000 – 18,000 1.3 – 2.0 USA/Canada European Companies (estimated) 2,000 – 5,000 0.22 – 0.55 Europe
Frequently Asked Questions
How much Bitcoin does Metaplanet currently own? Metaplanet currently holds 15,555 BTC, worth about 1.7 billion USD at market prices in 2024. What does Metaplanet use Bitcoin for besides holding value? They use Bitcoin as collateral to borrow capital, financing the acquisition of cash-flow businesses. What is Metaplanet's Bitcoin accumulation target for 2027? The company aims to reach 210,000 BTC by the end of 2027, creating a strong financial position in the market. How common is it to use Bitcoin as collateral? Although popular in the cryptocurrency community, this remains novel and rare in traditional finance. What is the expected completion time for Metaplanet's accumulation phase? The accumulation phase is expected to last from 4 to 6 years, depending on market dynamics and access to Bitcoin.
Source: https://tintucbitcoin.com/bitcoin-cong-bo-giai-doan-hai-mua-vao/
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