Metaplanet upgrades Bitcoin strategy and plans to acquire Japanese digital bank to expand business

Metaplanet, a Japanese listed company focusing on Bitcoin asset allocation, is promoting its strategic expansion plan, intending to use its growing Bitcoin reserves as leverage to acquire companies with stable cash flow, including a potential domestic digital bank acquisition.

Metaplanet CEO Simon Gerovich said in an interview recently that the company is currently accelerating the accumulation of Bitcoin and plans to use it as a core financial tool for the next stage of expansion. "We want to hoard as many Bitcoins as possible, and then use these assets for strategic investments and acquisitions, making it difficult for competitors to catch up." Gerovich said.

This plan marks the entry of Metaplanet's Bitcoin strategy into the second stage - using Bitcoin as collateral to obtain financing, similar to the financing model of securities or government bonds as collateral in traditional finance. The company believes that this approach can not only effectively activate assets, but also provide financial support for subsequent business growth.

In terms of specific M&A directions, Gerovich said that future acquisition targets will be highly consistent with the company's strategy, especially the hope to acquire a Japanese digital bank to create a more competitive digital financial service platform than existing retail banks.

He added that the company is not currently considering issuing convertible bonds, but will be open to supporting expansion through the issuance of preferred shares. Metaplanet has previously attracted market attention for its business strategy of adopting "Bitcoin as the core asset". This public statement shows that it is seeking to use digital assets as a fulcrum to deeply deploy in the traditional financial field.