Metaplanet, the largest company Bitcoin
Holders outside North America Another 797 BTC has been purchasedworth approximately $96 million, bringing its total Bitcoin holdings to 16,352.
Simon Gerovich, a Tokyo-listed hotelier, Telled FT recently The company aims to use these holdings as collateral for capital acquisition of cash-based businesses, especially in digital financial services.
Metaplanet’s strategy reflects the blueprint used by Michael Saylor’s strategy (MSTR): Accumulate Bitcoin through equity and debt issuance, and then use the asset base to secure financing for a wider expansion.
Metaplanet has leveraged zero bonds, equity acquisition rights and U.S. capital markets (including plans to inject $5 billion into its Florida subsidiary) to fund BTC purchases and strengthen its Treasury infrastructure.
Read more: Metaplanet wants to use Bitcoin holdings for acquisitions: ft
