Metaplanet plans to leverage Bitcoin to acquire cash flow enterprises

According to The Block, Metaplanet, which is transforming the Japanese hotel industry into a Bitcoin vault, plans to acquire cash flow rich enterprises by using its growing Bitcoin reserves as collateral. CEO Simon Gerovich stated that Metaplanet is currently in the "Bitcoin Gold Rush" phase and intends to enter the digital financial services industry in the future, considering acquiring a digital bank in Japan. The company recently announced the purchase of 2205 additional bitcoins, with a total holding of 15555 and a market value of approximately 1.7 billion US dollars.