#VietnamCryptoPolicy

Metaplanet's goal of reaching a reserve of 210,000 bitcoins by the end of 2027, equivalent to 1% of the total supply of the cryptocurrency and valued at 22 billion dollars at current prices, has captured the attention of international financial markets. The Japanese company announced plans to raise approximately 5.4 billion dollars in order to significantly expand its bitcoin holdings, according to the Financial Times.

Metaplanet's strategy represents a radical shift in its business model. The company, which until recently was primarily focused on hotel development, made in 2024 what its CEO, Simon Gerovich, described as a "strategic shift", transitioning from being a "hotelier to a hodler" and transforming into a treasury-focused company centered on bitcoin.