Metaplanet Eyes Digital Bank Takeover? Japanese Firm’s Trading Volume Skyrockets 100%

Rumors swirl as Metaplanet—Japan's crypto-savvy investment heavyweight—reportedly circles a digital bank acquisition. Trading volumes tell the story: nearly doubled in a single surge.

Behind the numbers

No official confirmation yet, but market chatter suggests Metaplanet's playing chess while traditional finance struggles with checkers. Their recent Bitcoin treasury strategy already turned heads—now they might rewrite the rulebook for banking.

The cynical take

Because what the world needs is another fintech firm pretending blockchain solves everything—while conveniently ignoring that 90% of 'innovation' is just regulatory arbitrage with a crypto paint job.

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

• 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.

• This aggressive accumulation mirrors the strategy of Michael Saylor’s Strategy, which holds over 597,000 BTC.