- Japan’s Metaplanet plans to accumulate 21000 BTC by 2026.
- The agency’s share surged almost 250% since final November.
Japan’s ‘MicroStrategy,’ Metaplanet, has raised almost $760M ( ¥118B) to fund a part of its 10K BTC acquisition program for 2025.
As Asia’s high Bitcoin[BTC] commonplace champion, the agency has borrowed from MicroStrategy’s playbook—Utilizing debt and fairness issuance to purchase BTC and drive extra shareholder worth.
Like MicroStrategy’s 21/21 program, Metaplanet has launched the same program to subject 21 million shares and lift capital for purchasing 1OK BTC by the tip of 2025. A part of the agency’s assertion learn,
“Metaplanet issues 21 million shares of 0% discount moving strike warrants, proceeds to raise approximately ¥116 Billion to purchase additional $BTC; largest capital raise in Asian equity markets history to buy BTC”
By 2026, the agency plans to extend its holdings to 21K BTC, probably becoming a member of the 0.1% BTC holders membership.
Supply: Metaplanet
Metaplanet’s 7000% progress
Since adopting BTC’s company technique in April 2024, Metaplanet’s market cap has surged by 7000%.
The expansion has validated its technique with the agency’s head of BTC technique, Dylan LeClair, reiterating that they’re web lengthy on BTC.
“Our mission is to maximize Bitcoin per share for our shareholders. Bitcoin is not just an asset; it’s the exit strategy. We’re here to accumulate and lead, not sell”
That mentioned, Metaplanet’s inventory has surged by 245% since November, rising from about $10 to +$30 earlier than easing to its present $28 worth. Over the identical interval, BTC posted a 57% acquire, underscoring Metaplanet’s outperformance.
Supply: BTC vs Metaplanet efficiency, TradingView
Because the institutional FOMO extends on BTC, the following demand might drive the king coin even larger. Presently, the agency owns 1.76K BTC, value over $180M per present worth.
