Japanese investment firm Metaplanet has unveiled a strategic plan to acquire 21,000 BTC by 2026.
Metaplanet, a public Tokyo-based investment firm, is setting its sights on becoming one of the largest corporate Bitcoin btc1.64%Bitcoin holders in the world. The firm outlined in a Jan. 28 press release ambitious plans to acquire 21,000 Bitcoin by 2026.
To achieve the goal, Metaplanet will issue 21 million shares to raise ¥116.65 billion (around $750 million), the largest equity capital raise for Bitcoin in Asia so far.
Simon Gerovich, representative director of Metaplanet, says the move comes as 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.”
In 2024, Metaplanet had a big year. It hit a record BTC Yield of 309.82% in Q4. By year-end, the firm had 1,761 Bitcoin, worth over ¥27.7 billion (around $178 million). Metaplanet’s market cap also grew 7,000% since adopting the Bitcoin Standard, and the number of shareholders jumped to more than 50,000, per the press release. Following the latest news, the firm’s shares on pre-market rose 3.1%, according to Yahoo Finance.
