Japanese investment firm Metaplanet has significantly expanded its Bitcoin acquisition strategy, announcing plans to hold 100,000 BTC by the end of 2026. This ambitious target represents a substantial increase from its previous goal of 21,000 BTC.
As of early June, Metaplanet holds 8,888 BTC, following a recent purchase of 1,088 BTC. To achieve its new objective, the company intends to acquire an additional 91,112 BTC over the next 18 months. This move is part of Metaplanet’s broader strategy to position itself as a leading corporate holder of Bitcoin globally.
The firm’s CEO, Simon Gerovich, cited global economic shifts and concerns over traditional financial assets as key motivators for this aggressive expansion. He emphasized Bitcoin’s attributes—such as scarcity, ease of custody, and lack of credit intermediaries—as increasingly valuable in the current financial landscape.
To fund these acquisitions, Metaplanet plans to issue up to 555 million new shares, supplementing the 210 million shares previously issued. This capital raise is expected to generate approximately 770.3 billion yen (around $5.32 billion) based on the initial share price. Looking further ahead, the company aims to hold over 210,000 BTC by the end of 2027, joining the exclusive group of entities that possess at least 1% of Bitcoin’s total supply.
