Metaplanet's $745M Bitcoin Bet: Aiming for 21,000 BTC by 2026

Metaplanet to Raise $745 Million to Buy More Bitcoin: Details

Metaplanet, a Japanese publicly traded firm, has announced plans to raise $745 million to acquire more Bitcoin (BTC). The company aims to buy 21,000 BTC by 2026, with a target of 10,000 BTC by the end of 2025. This ambitious goal is part of Metaplanet's strategy to adopt Bitcoin as a core treasury asset, following in the footsteps of MicroStrategy.

Metaplanet's bold targets and symbolic connections

Metaplanet's plan to acquire 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026 is notable, as it mirrors Bitcoin's capped supply of 21 million coins. This acquisition would solidify Metaplanet's position as one of the leading global corporate holders of Bitcoin.

Simon Gerovich, Director of Metaplanet, noted that since the company embraced Bitcoin in April 2024, it has experienced exponential growth. "The market has recognized Metaplanet as Tokyo's preeminent Bitcoin company, and we are seizing this momentum to solidify our position as a global leader," Gerovich stated.

Metaplanet plans to achieve a 35% BTC yield-per-quarter throughout 2025 while focusing on Bitcoin's growth per share. To do this, Metaplanet targets the acquisition of 10,000 BTC by 2025 to expand the company's BTC treasury.

Metaplanet's record performance and expansion plans

In 2024, Metaplanet achieved a record-breaking 309.82% BTC yield for Q4 after a 41.7% performance in Q3 of the same year. This highlights the company's strategy, which has paid off thus far. As of Dec. 31, 2024, Metaplanet had a cumulative Bitcoin holding of 1,761 BTC, acquired at an average purchase price of ¥11.85 million per BTC.