Metaplanet Boosts Bitcoin Target 380% to 100,000 BTC by 2026

Japan’s Metaplanet has announced a significant revision to its Bitcoin acquisition strategy, aiming to purchase a total of 100,000 BTC by the end of 2026. This new target represents a substantial increase from the previous goal of 21,000 BTC. The company, which currently holds 8,888 BTC following its latest acquisition of 1,088 BTC on June 2, is now committed to buying at least 91,112 BTC within the next 18 months.

Metaplanet’s decision to accelerate Bitcoin purchases is driven by its assessment of the current global economic landscape. CEO Simon Gerovich highlighted that the world is undergoing a structural transformation, shifting from a traditional supply structure centered on capital and labor to an information technology-driven economic foundation. This transformation is compounded by geopolitical risks, trade policy shifts, and growing concerns over accumulated sovereign debt, which have led to capital flowing out of traditionally safe assets like long-term government bonds and into assets like gold and Bitcoin.

Metaplanet’s strategy is underpinned by the belief that Bitcoin, with its high scarcity, ease of custody and transfer, and absence of credit intermediaries, is becoming increasingly recognized as a strategic asset. To fund the ambitious Bitcoin acquisition plan, Metaplanet will issue stock acquisition rights, enabling the issuance of up to 555 million shares. These new shares will join the 210 million shares already issued under the previous 21 million plan.

By the end of 2027, Metaplanet aims to hold over 210,000 BTC, positioning itself within the so-called ‘1% Club,’ which refers to entities holding at least 1% of Bitcoin's 21 million supply cap. This accelerated push for Bitcoin comes amidst growing adoption of the cryptocurrency by public companies, despite warnings from institutions about the potential risks associated with this strategy. The bank noted that only 61 out of 124 public companies that have invested in Bitcoin collectively own 3.2% of the total supply, indicating a relatively small but growing trend.