Japan’s Metaplanet, under its ‘Strategy’ initiative, has recently updated its Bitcoin acquisition target, aiming to secure a whopping 100,000 BTC by the end of 2026. This new target, announced on June 6, is a significant increase from the previous goal of 21,000 BTC set for late 2026.
“The initial goal of acquiring 21,000 BTC by 2026 has been substantially revised. Our new aim is to secure 100,000 BTC by that time,” stated Simon Gerovich, Metaplanet CEO, in an announcement on X. Currently, Metaplanet holds 8,888 BTC, a figure that includes the 1,088 BTC acquired on June 2. This new target indicates a commitment to purchasing a minimum of 91,112 BTC within the next 18 months.
Metaplanet’s heightened interest in Bitcoin is a response to global economic shifts and modifications in the worldwide financial system. Gerovich believes the world economy is undergoing a “structural transformation”, shifting from a traditional supply structure centered on capital and labor to an economic foundation driven by information technology.
Triggered by implications of the “postwar monetary regime” such as geopolitical risks, trade policy shifts, and rising concerns over sovereign debt, capital is flowing out of assets previously considered safe, like long-term government bonds. “In this context, Bitcoin’s strategic importance – characterized by high scarcity, ease of custody and transfer, and the absence of credit intermediaries – is swiftly gaining acknowledgement,” Gerovich added.
To finance the ambitious Bitcoin purchases, Metaplanet plans to issue stock acquisition rights, allowing the issuance of up to 555 million shares dedicated to Bitcoin acquisition. The new 555 million shares will complement the 210 million shares already issued under the initial 21 million plan. “By the end of 2027, we aim to hold over 210,000 BTC, thereby entering the so-called ‘1% Club’, referring to entities holding at least 1% of Bitcoin’s 21 million supply cap,” commented Gerovich.
Metaplanet’s accelerated Bitcoin acquisition strategy follows warnings from Standard Chartered Bank about potential risks of increasing Bitcoin treasury strategy adoption among public companies. The bank reported that only 61 out of 124 public companies that have invested in Bitcoin own a combined 3.2% of the 21 million Bitcoin that will ever exist.
