Metaplanet's Ambitious Plan to Become a Leading Bitcoin Holder by 2027

Japanese hotel developer turned bitcoin investor Metaplanet has announced an ambitious plan to raise approximately USD 5.4 billion to bolster its bitcoin reserves to 210,000 BTC by the end of 2027. This amount would represent about 1% of the total bitcoin supply and be valued at around USD 22 billion based on current prices. Since pivoting its strategy to focus on cryptocurrencies in 2024 under CEO Simon Gerovich, Metaplanet has adopted a bitcoin-centric treasury policy, earning the nickname "hotelier into hodler." The company aims to emulate the investment strategy of Michael Saylor’s Strategy Inc., which holds 580,000 BTC, with an objective to become the second-largest corporate holder of bitcoin globally. Over the past two years, Metaplanet's stock price surged more than 8,850%, propelled by growing bitcoin investments and a favorable market environment influenced by pro-crypto political developments. The company is planning to issue shares through warrants, marking the largest such issuance in Japanese capital market history. Beyond bitcoin accumulation, Metaplanet operates a hotel in Tokyo, soon to be rebranded as "The Bitcoin Hotel," and holds the exclusive license for Bitcoin Magazine in Japan. Their performance is measured by "BTC Yield," highlighting bitcoin growth per share. Notably, Eric Trump joined Metaplanet's strategic board in March, indicating strong political connections, while Bitcoin Magazine CEO David Bailey also joined the advisory board this year. For crypto enthusiasts looking to invest in bitcoin or diversify their crypto portfolio with ease, platforms like Bitlet.app offer innovative solutions, including crypto installment services that allow purchasing cryptocurrencies now and paying monthly, making bitcoin acquisition more accessible. Stay updated on such exciting developments in the crypto space with Bitlet.app, your trusted partner for seamless crypto investments.