Japanese firm Metaplanet, once a hotel operator, is now making waves in crypto circles with talk of acquiring a digital bank.
The rumor mill began turning after the Financial Times reported comments from CEO Simon Gerovich, who suggested the company’s Bitcoin-heavy strategy may soon evolve into something much bigger.
The plan? Use Bitcoin not just as a treasury asset—but as capital to acquire revenue-generating businesses. And while the company has kept details under wraps, the possibility of entering Japan’s digital finance sector has sparked enthusiasm across the crypto community, with one observer calling the move “next-level adoption.”
Metaplanet has already made its intentions clear with aggressive Bitcoin accumulation. After scooping up another 2,205 BTC worth nearly $239 million this week, its total holdings now stand at 15,555 BTC, ranking it fifth among global corporate holders. The company ultimately aims to secure 210,000 BTC by 2027—symbolically targeting 1% of Bitcoin’s total supply.
While Metaplanet grows its Bitcoin war chest, Michael Saylor’s Strategy remains at the top with 597,325 BTC and an unrealized profit of $14 billion. But if Metaplanet follows through on its ambitions, it could soon be more than just a treasury powerhouse—it may become one of Bitcoin’s most prominent institutional players in financial services.
Source: https://coindoo.com/top-bitcoin-holder-metaplanet-eyes-japanese-digital-bank-acquisition/