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The Bitcoin Hotel, a new Bitcoin-centric hub for networking, has been announced by Metaplanet. This innovative initiative combines the hospitality industry with the Bitcoin community, creating a unique space for education and networking.
Metaplanet, a company that shifted its focus from hotel operations to cryptocurrency investment in early 2024, has seen remarkable growth. Its market value has surged by 100 times, driven by a 4000% rise in its stock. The company's shareholder base has also expanded significantly, reaching nearly 50,000 retail investors in the past year.
The Bitcoin Hotel, formerly known as Hotel Royal Oak Gotanda, will cater to both existing guests and Bitcoin enthusiasts from around the world. It will serve as a hub where both seasoned Bitcoin users and newcomers can come together, learn, and share ideas. This innovative approach to combining Bitcoin with the hospitality industry is a significant milestone for both the company and the Bitcoin world.
Metaplanet has ambitious plans for the future. The company intends to acquire 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. To fund this, Metaplanet will issue 21 million shares in moving strike warrants. This strategy marks a significant step in the company's growth and commitment to the Bitcoin world.
CEO of Metaplanet, Simon Gerovich, has expressed his confidence in the company's future. He stated that the main factor for growth will be the full-year contribution of the Bitcoin Income business, which is expected to achieve sales of 3 billion yen. The hotel business is also expected to maintain stable performance. Metaplanet will promote a treasury strategy with Bitcoin at its core and work to grow its business and strengthen its finances.

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