Japanese Bitcoin treasury firm Metaplanet is reportedly preparing for a significant acquisition following its recent purchase of 2,205 BTC. According to the Financial Times, the company is considering buying a digital bank in Japan as part of its strategy to grow into digital financial services.
The move would align with CEO Simon Gerovich’s broader vision for Metaplanet, which has transitioned from its origins in the hospitality industry to become a central Bitcoin-focused entity. In the FT interview, Gerovich explained that the company plans to accumulate as much Bitcoin as possible to acquire cash-generating businesses in the future.
Metaplanet Now Holds 15,555 BTC, Targets 210,000 by 2027
Following the latest purchase, Metaplanet’s total Bitcoin holdings have reached 15,555 BTC, making it the fifth-largest corporate holder of the digital asset. The newly added Bitcoin was valued at approximately $238.7 million, cementing the company’s aggressive expansion in the crypto space.
Metaplanet has publicly stated a long-term goal to accumulate 210,000 BTC, a figure symbolically tied to Bitcoin’s capped supply of 21 million. This ambitious target places the firm in direct competition with other major institutional holders, including Michael Saylor’s Strategy, which leads the treasury list with 597,325 BTC.
Crypto users on social media expressed strong support for Metaplanet’s plans. One X user described the potential bank acquisition as “next-level adoption,” highlighting the broader enthusiasm within the crypto community.
Bitcoin Strategy Fuels Shift Toward Financial Services
The company’s shift into digital banking is part of a calculated effort to build a self-sustaining Bitcoin-powered ecosystem. While specific details of the acquisition were not disclosed, Gerovich suggested that acquiring a licensed financial institution could help Metaplanet monetize its Bitcoin reserves and expand into regulated markets.
This strategic direction could position Metaplanet as a unique player in the Japanese financial system. Owning a digital bank would give the company more control over how Bitcoin is integrated into financial products and services.
Besides, such a move could boost its ability to generate consistent fiat income, helping support operational needs while continuing to accumulate Bitcoin. This dual model of digital asset accumulation and real-world financial integration is gaining traction among treasury-focused firms.
Significantly, Metaplanet’s plans come amid rising institutional interest in Bitcoin. With price forecasts projecting highs of $135,000 by Q3, the company may be positioning itself ahead of a market surge.
Conclusion
Metaplanet’s decision to expand its Bitcoin reserves and explore a digital bank acquisition marks a new phase in its corporate strategy. By combining asset accumulation with financial service ambitions, the firm is aligning its future with both blockchain adoption and traditional market engagement.
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