7 hours ago
Metaplanet, the largest firm bitcoin (BTC) holder extracurricular North America, has purchased an further 797 BTC, worthy astir $96 million, bringing its full bitcoin holdings to 16,352.
Simon Gerovich, CEO of the Tokyo-listed hotelier, precocious told the FT that the steadfast aims to leverage these holdings arsenic collateral to concern acquisitions of cash‑generating businesses, peculiarly successful integer fiscal services.
Metaplanet's strategy mirrors the blueprint utilized by Michael Saylor’s Strategy (MSTR): accumulate bitcoin via equity and indebtedness issuance, past usage the plus basal to unafraid financing for broader expansion.
Metaplanet has already tapped zero‑interest bonds, banal acquisition rights, and U.S. superior markets—including a planned $5 billion injection into its Florida subsidiary—to money BTC buying and fortify its treasury infrastructure.
Read more: Metaplanet Wants to Use Bitcoin Holdings for Acquisitions: FT
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