Metaplanet 效仿 MicroStrategy 的策略，目標是到 2025 年實現 10 億美元的比特幣金庫

此舉使這家在東京交易所上市的公司成為亞洲最大的企業比特幣持有者，進一步鞏固了其作為數位資產採用領導者的聲譽。

Japanese firm Metaplanet Holdings Inc (TYO:8774), known for its large Bitcoin (BTC) holdings, has announced plans to further increase its stash by nearly four times, aiming to reach 7,000 BTC by 2025. This move positions the Tokyo Exchange-listed company as Asia’s largest corporate Bitcoin holder, further cementing its reputation as a leader in digital asset adoption.

以持有大量比特幣(BTC) 聞名的日本公司Metaplanet Holdings Inc (TYO:8774) 宣布計劃將其持有量進一步增加近四倍，目標是到2025 年達到7,000 BTC。交易所上市的公司奠定了基礎公司作為亞洲最大的企業比特幣持有者，進一步鞏固了其作為數位資產採用領導者的聲譽。

A Strategic Shift Towards Bitcoin

向比特幣的戰略轉變

Metaplanet began its Bitcoin accumulation journey in April 2024, emulating the strategy of U.S.-based MicroStrategy (NASDAQ:MSTR), which pioneered corporate Bitcoin treasury management. CEO Simon Gerovich announced the company’s 2025 target in a recent post on X, stating that they would achieve this goal “by utilizing the most accretive capital market tools available.” This includes a mix of debt, equity, and convertible bonds to fund the acquisitions.

Metaplanet 於 2024 年 4 月開始了比特幣累積之旅，效仿美國 MicroStrategy（納斯達克股票代碼：MSTR）的策略，該公司是企業比特幣財務管理的先驅。執行長 Simon Gerovich 在最近的 X 貼文中宣布了該公司 2025 年的目標，並表示他們將「透過利用現有的最具增值性的資本市場工具」來實現這一目標。這包括債務、股權和可轉換債券的組合，為收購提供資金。

“Last year was transformational for Metaplanet. We broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin Treasury Company,” said Gerovich. “This year, we are not just building a company; we are driving a movement.”

「去年對 Metaplanet 來說是變革性的一年。我們打破了記錄，擴大了我們的比特幣金庫，並鞏固了我們作為亞洲領先的比特幣金庫公司的地位。 “今年，我們不僅要建立一家公司，還要建立一家公司。”我們正在推動一場運動。

The firm’s strategy aims to hedge against Japan’s economic challenges, such as yen volatility and mounting national debt, by embracing Bitcoin as a reserve asset. Metaplanet has also leveraged partnerships to amplify its influence. In November 2024, the company partnered with BTC Media to launch Bitcoin Magazine in Japan, delivering high-quality content tailored to local Bitcoin enthusiasts. This collaboration underscores Metaplanet’s commitment to driving Bitcoin adoption domestically and globally.

該公司的策略旨在透過將比特幣作為儲備資產來對沖日本的經濟挑戰，例如日圓波動和不斷增加的國家債務。 Metaplanet 也利用合作夥伴關係來擴大其影響力。 2024年11月，該公司與BTC Media合作在日本推出《比特幣雜誌》，為當地比特幣愛好者提供量身訂製的優質內容。這項合作凸顯了 Metaplanet 對推動比特幣在國內和全球採用的承諾。

Record-Breaking Bitcoin Purchases

破紀錄的比特幣購買

In December 2024, Metaplanet made its largest Bitcoin purchase to date, acquiring 619.7 BTC for approximately $60 million. This brought its total holdings to 1,762 BTC, valued at $174.5 million. The firm's financial performance has also seen a remarkable turnaround.

2024 年 12 月，Metaplanet 進行了迄今為止最大的一筆比特幣購買，以約 6,000 萬美元的價格收購了 619.7 BTC。這使得其總持有量達到 1,762 BTC，價值 1.745 億美元。該公司的財務表現也出現了顯著的改善。

For the fiscal year ending December 31, 2024, Metaplanet projected revenue of 890 million yen ($5.8 million), a sharp increase from the previous year’s 261 million yen. Operating profits are expected to hit 270 million yen, marking a significant recovery from a 468 million yen loss in 2023.

截至 2024 年 12 月 31 日的財年，Metaplanet 預計營收為 8.9 億日圓（580 萬美元），比前一年的 2.61 億日圓大幅成長。營業利潤預計將達到2.7億日圓，從2023年的4.68億日圓虧損中大幅恢復。

Global Implications and CEO’s Vision

全球影響和執行長的願景

Gerovich anticipates that the U.S. could adopt Bitcoin as a strategic reserve under a potential pro-crypto administration, such as a Donald Trump presidency. “If the U.S. were to make Bitcoin a reserve asset, then a chain reaction will start worldwide,” said Gerovich.

格羅維奇預計，在唐納德·川普(Donald Trump)等潛在的支持加密貨幣的政府領導下，美國可能會採用比特幣作為戰略儲備。格羅維奇表示：“如果美國將比特幣作為儲備資產，那麼全球範圍內將引發連鎖反應。”

This is in line with the growing interest worldwide in Bitcoin as a hedge against economic instability. Nations such as Hong Kong and Germany reportedly are on the same track, showing the increasingly important position that Bitcoin holds in the global financial landscape.

這與全球對比特幣作為對沖經濟不穩定的對沖工具日益增長的興趣是一致的。據報道，香港和德國等國家也走在同一軌道上，顯示比特幣在全球金融格局中的地位日益重要。

However, with ambitious plans come lots of skepticism for Metaplanet. Critics point out the inherently volatile nature of Bitcoin and have questioned the viability of this aggressive accumulation strategy. Financial analysts say the strong dependence on Bitcoin leaves the company vulnerable to certain risks, assuming a bull run doesn’t materialize as expected.

然而，隨著雄心勃勃的計劃而來的是對 Metaplanet 的許多懷疑。批評者指出比特幣固有的波動性，並質疑這種積極累積策略的可行性。金融分析師表示，假設牛市沒有如預期實現，對比特幣的強烈依賴使該公司容易受到某些風險的影響。

There have also been some questions regarding shareholder transparency and risk. While Metaplanet has committed to enhancing shareholder engagement, critics argue that the firm needs to provide clearer insights into its long-term strategy and risk mitigation measures.

也存在一些有關股東透明度和風險的問題。雖然 Metaplanet 致力於提高股東參與度，但批評者認為，該公司需要對其長期策略和風險緩解措施提供更清晰的見解。

Metaplanet’s bold approach to Bitcoin adoption exemplifies the growing trend of corporate investment in digital assets. While the firm’s ambitious plans carry inherent risks, they also position Metaplanet as a pioneering force in Japan’s evolving cryptocurrency landscape. As the global race for Bitcoin reserves intensifies, all eyes will be on Metaplanet to see if it can achieve its lofty target and maintain its leadership in the crypto space.

Metaplanet 採用比特幣的大膽做法反映了企業投資數位資產的成長趨勢。儘管該公司雄心勃勃的計劃存在固有風險，但他們也將 Metaplanet 定位為日本不斷發展的加密貨幣領域的先鋒力量。隨著全球比特幣儲備競賽的加劇，所有人的目光都將集中在 Metaplanet 上，看看它是否能夠實現其崇高目標並保持其在加密貨幣領域的領導地位。