As Bitcoin approaches $100k, MicroStrategy and Metaplanet aim to acquire billions of dollars worth of Bitcoin.

According to a report by CoinDesk, the two largest corporate Bitcoin (BTC) holders plan to continue increasing their already substantial Bitcoin reserves.

Weekend tweets showed that Bitcoin development company MicroStrategy (MSTR) plans to raise up to $2 billion through preferred stock issuance to support more Bitcoin purchases in the first quarter of 2025.

Meanwhile, in Japan, investment firm Metaplanet plans to buy 10,000 Bitcoin (worth nearly $1 billion at current prices) this year and undertake various initiatives to boost overall Bitcoin usage.

Metaplanet CEO Simon Gerovich stated in a post on X, “By 2025, our goal is to expand our Bitcoin holdings to 10,000 BTC by leveraging the most value-added capital market tools.”

“Drive Bitcoin adoption in Japan and globally through our partnerships, explore innovative opportunities to expand Metaplanet’s influence in Japan and the Bitcoin ecosystem.”

“Happy New Year to our esteemed shareholders! As we move toward 2025, I am full of anticipation for Metaplanet’s future. Last year was a year of transformation; we broke records, expanded our Bitcoin treasury, and solidified our position as Asia’s leading Bitcoin treasury…”

This company, known as Japan’s MicroStrategy for being the only corporate Bitcoin holder in Asia, had a Bitcoin asset value of $175 million and a market cap of $830 million as of Monday.

Meanwhile, MicroStrategy’s Bitcoin holdings were valued at $44 billion as of Monday, and this $2 billion financing is considered a further step in its previously announced “21/21 Plan,” which aims to raise $21 billion in equity and $21 billion in fixed income over the next three years.

Therefore, co-founder and board member Michael Saylor hinted at Monday’s Bitcoin purchase in a post on X on Sunday night, attaching an image from SaylorTracker, a viral chart tracking the company’s purchase activity.