Japan’s Metaplanet has set a goal to purchase 21,000 Bitcoin by 2026.

Metaplanet Reveals Strategic Bitcoin Acquisition Plan to Secure 21,000 BTC by 2026

On Tuesday, Metaplanet, a company listed in Tokyo, unveiled its “21 Million Plan,” a bold initiative to accumulate Bitcoin as part of its corporate treasury. Under this plan, Metaplanet aims to acquire 10,000 BTC by the end of 2025 and reach a total of 21,000 BTC by the end of 2026, positioning itself as one of the largest corporate Bitcoin holders worldwide.

The plan includes the issuance of 21 million shares through moving strike warrants to raise approximately 116.65 billion yen (about $740 million). This capital raise stands as one of the largest Bitcoin-focused equity offerings in Asia.

To safeguard shareholder interests, the exercise price for the warrants is set at 100% of the prior day’s closing price, protecting against the dilution commonly associated with traditional warrants.

The company also targets a 35% quarterly Bitcoin yield, with notable achievements already under its belt. In Q4 2024, Metaplanet reported an outstanding 309.82% BTC yield, following a 41.7% yield in Q3 2024, validating the effectiveness of its Bitcoin acquisition strategy.

“BTC Yield is the foundation of our strategy and serves as the ultimate gauge of our success,” said Dylan LeClair, Director of Bitcoin Strategy at Metaplanet. “We measure performance by Bitcoin, not fiat currencies like the yen or dollar.”

LeClair reiterated the company’s mission, saying, “Our focus is on maximizing Bitcoin per share for our shareholders. Bitcoin isn’t just an asset—it’s our exit strategy. We’re here to accumulate and lead the way, not to sell.”

Metaplanet’s stock rose by 5% on Wednesday following the announcement.