Metaplanet Wants to Use Bitcoin Holdings for Acquisitions: FT
Metaplanet is eyeing up "phase two" of its bitcoin treasury strategy, CEO Simon Gerovich said in an interview

What to know:
- Metaplanet, which has the largest corporate bitcoin stash outside of North America, will use BTC as collateral to finance acquisitions of cash-generating businesses.
- The Japanese hotel company turned bitcoin investor acquired 2,205 BTC this week, increasing its holdings to 15,555 BTC ($1.7 billion).
- CEO Simon Gerovich described "phase two" of its bitcoin treasury strategy as using its BTC to gain financing to fuel acquisitions.
Metaplanet (3350) is eyeing up "phase two" of its bitcoin treasury strategy, the Financial Times reported on Tuesday, citing an interview with CEO Simon Gerovich.
Metaplanet, which has the largest corporate bitcoin stash outside of North America, will use BTC as collateral to finance acquisitions of cash-generating businesses, Gerovich said.
The Japanese hotel company turned bitcoin investor acquired 2,205 BTC this week, increasing its holdings to 15,555 BTC ($1.7 billion) and is targeting a holding of 210,000 by the end of 2027.
“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," Gerovich said, according to the FT's report.
“Then we have phase two . . . when bitcoin, like securities or government bonds, can be deposited with banks and then they’ll provide very attractive financing against that asset. We’ll get cash that we can use to buy profitable businesses, cash-flowing businesses.”
Cryptocurrency-backed lending is offered by a number of crypto-native companies, but is rare among traditional banks.
Gerovich added that phase one would probably last four to six years, after which it would become incrementally more difficult to acquire BTC due to tightening availability.
Metaplanet's Tokyo-listed shares closed at 1,565 yen ($10.71) on Tuesday, 0.84% higher on the day. The company did not immediately respond to CoinDesk's request for further comment.
Read more: Metaplanet Picks Up Additional 2,205 BTC, Holdings Now Cross 15,555 Bitcoin
More For You
Protocol Research: GoPlus Security

What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Pye Finance Raises $5M Seed Round Led by Variant and Coinbase Ventures

The platform aims to make locked Solana staking positions tradable via an onchain marketplace.
What to know:
- Pye Finance raised a $5 million seed round led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent and Gemini.
- The startup is building an onchain marketplace on Solana for time-locked staking positions that can be traded.
- Pye says the product targets Solana’s large pool of staked SOL, worth roughly $75 billion, and aims to give validators and stakers more flexibility over terms and reward flows.











