Metaplanet’s Bold Move: Is a Digital Bank Acquisition Fueling Its 100% Trading Volume Surge?
Tokyo's crypto darling Metaplanet just sent shockwaves through fintech circles—rumors swirl of a digital bank takeover as trading volumes nearly double overnight.
Behind the numbers
While traditional banks fret over compliance paperwork, Metaplanet's alleged shopping spree coincides with a blistering 100% volume spike. Coincidence? The market's betting 'no.'
Regulatory chessboard
Japan's FSA hasn't blinked yet, but every crypto firm knows: today's innovation is tomorrow's emergency parliamentary hearing. Metaplanet's play could redefine 'bank run' in the DeFi era.
Wall Street meets Kabukicho
When a public company makes moves this bold, it's either genius or hubris—and Tokyo's traders are placing bets between sips of highball whisky. One thing's certain: the suits won't see this coming.
Metaplanet CEO Will “Never Sell Bitcoin”
Metaplanet is Bitcoin first, Bitcoin only. Our singular focus right now is to accumulate as much Bitcoin as possible.
— Simon Gerovich (@gerovich) July 9, 2025
Gerovich insisted that he will “never sell any Bitcoin.” Instead, he will keep raising capital to buy more BTC.
According to the FT report, Metaplanet CEO is open to issuing preferred shares, which typically offer an economic interest but no voting rights, as Strategy has done. But he drew the line at convertible debt. “I don’t want to have to pay back the money in three, four years’ time and have whether or not we need to repay be linked to an arbitrary share price,” he said.
According to Arkham’s X post, “This company now holds more Bitcoin than the entire country of Bhutan. Metaplanet bought $238.7M USD of Bitcoin last week and now holds $1.7 Billion USD of BTC. This puts them $400M ahead of the entire country of Bhutan, which holds $1.3 Billion.”
THIS COMPANY NOW HOLDS MORE BITCOIN THAN THE ENTIRE COUNTRY OF BHUTAN
Metaplanet bought $238.7M USD of Bitcoin last week and now holds $1.7 BILLION USD of BTC.
This puts them $400M ahead of the entire country of Bhutan, which holds $1.3 Billion. pic.twitter.com/lg7kMuQhN0
— Arkham (@arkham) July 8, 2025
Key Takeaways
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Metaplanet’s CEO, Simon Gerovich, describes the company’s approach as a “Bitcoin gold rush.” The firm is racing to amass as much Bitcoin as possible.
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This aggressive accumulation mirrors the strategy of Michael Saylor’s Strategy, which holds over 597,000 BTC.