Metaplanet Enters ‘Bitcoin Gold Rush’ with Plans to Buy 210,000 BTC by 2027
Bitcoin Magazine Metaplanet Enters ‘Bitcoin Gold Rush’ with Plans to Buy 210,000 BTC by 2027 Japan’s top bitcoin treasury firm aims to grow its holdings to 210,000 BTC by 2027 and wants to use its growing reserves to buy cash-generating businesses. This post Metaplanet Enters ‘Bitcoin Gold Rush’ with Plans to Buy 210,000 BTC by 2027 first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
Bitcoin Magazine
Metaplanet Enters ‘Bitcoin Gold Rush’ with Plans to Buy 210,000 BTC by 2027
Metaplanet, widely recognized as Japan’s leading Bitcoin treasury company, has announced its plans to become the world’s second largest corporate bitcoin holder by 2027, aiming to use its growing reserves to buy cash-generating businesses.
“We think of it as a bitcoin gold rush,” said Metapanet CEO Simon Gerovich. “We need to accumulate as much bitcoin as we can… to get to a point where we’ve reached escape velocity and it just makes it very difficult for others to catch up.”
Metaplanet, currently the world’s fifth largest corporate bitcoin holder, announced plans last month to aggressively grow its holdings from 15,555 to over 210,000 bitcoin by the end of 2027, an amount equal to roughly 1% of all bitcoin that will exist, valued at nearly $23 billion at today’s prices.
Path to ₿210,000 updated
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