Japanese Metaplanet Company Reveals the Number of Bitcoins it Will Receive by the End of 2026! Here are the Details

Metaplanet, traded on the Tokyo Stock Exchange, made a significant move by announcing its plan to accumulate 21,000 Bitcoins by the end of 2026, marking one of the largest corporate Bitcoin purchases in Asia.

Japanese Metaplanet Reveals Ambitious Plan to Buy 21,000 Bitcoins by 2026

The initiative, called the "21 Million Plan," includes the issuance of 21 million shares through moving strike warrants to raise approximately 116.65 billion yen ($(740 million).

The company aims to accumulate 10,000 BTC by the end of 2025 and position itself as one of the world's largest institutional Bitcoin holders by 2026.

Metaplanet currently has over 180 million dollars in assets and has adopted a Bitcoin-first treasury approach.

Unlike traditional companies that measure performance with fiat currencies, Bitcoin Strategy Director Dylan LeClair emphasized that Metaplanet's success is evaluated based on BTC Return, which is measured in Bitcoin instead of fiat currency.

LeClair said, "Bitcoin is not just an asset; it is an exit strategy. We are here not to sell, but to accumulate and direct."

The 21 Million Plan also aims to preserve shareholder value by determining the warrant exercise price as 100% of the previous day's closing price and to prevent dilution commonly seen in traditional capital increases.

Metaplanet reinforced confidence in its Bitcoin acquisition strategy by reporting an impressive 309.82% BTC Return in the 4th quarter of 2024, following a 41.7% BTC Return in the 3rd quarter. The company has set a target of 35% BTC Return in each future quarter.

Investor confidence in the plan also reflected in the stock market, and Metaplanet shares closed Wednesday with a 5% increase.

The bold Bitcoin accumulation strategy highlights the growing trend of companies, especially in Asia, embracing Bitcoin as a treasury reserve asset. If successful, Metaplanet could join the ranks of MicroStrategy and other major corporate Bitcoin holders in reshaping the institutional adoption of digital assets.