Metaplanet eyes second stage of BTC strategy, plots acquisition spree

Bitcoin Metaplanet Japanese Cashcoin Society now looks beyond accumulation. After months of aggressive BTC purchase, the company claims that it is preparing to use its Bitcoin holdings as a guarantee to finance acquisitions.

Metaplanet CEO Simon Gerovich recently said The Financial Times that the company is in a “rush to Bitcoin gold” and wants to use its growing hiding place to buy real companies that generate money.

According to him, the company follows a two -step plan. First of all, it will accumulate as much bitcoin (BTC) Possible, and secondly, use its assets as a guarantee to collect funds from lenders, similar to the way in which state securities or obligations are used.

“We need to accumulate as much bitcoin as possible to reach a point where we have reached the exhaust speed and it makes it very difficult for others to catch up,” said Gerovich. “Then we have phase two when bitcoin, such as state securities or obligations, can be filed with banks and then they will provide very attractive funding against this asset.”

Gerovich said that the species generated would be to acquire “profitable cash flow” companies that align with its current strategy, possibly in digital or financial banking services.

Metaplanet’s approach reflects the strategy game book by Michael Saylor, the biggest BTC business holder. The company also issued equity and actions to raise capital, but unlike the strategy, Gerovich said that he would not use a convertible debt.

“I do not want to have to reimburse the money in three or four years,” he said, adding that the company did not intend to sell its assets and will continue to raise capital to buy more.

CEO’s comments just come a day after Metaplanet announcement Its biggest purchase of Bitcoin to date, buying 2,205 BTC for 34.49 billion yen ($ 238 million) and bringing its total to 15,555 BTC. The purchase was funded by the equity warrants and bond activity, a structure that the company has used several times this year to raise capital and convert it directly into BTC.

Formerly a hotel management company, Metaplanet adopted its BTC strategy in 2024 and has since become the fifth largest Bitcoin company holder worldwide. The company has now spent around 1.6 billion dollars on purchases, with a long -term objective of holding 1% of the total Bitcoin supply, around 210,000 BTC by 2027.