Metaplanet Doubles Down on Bitcoin, Targeting 100,000 BTC by 2026

Metaplanet Inc., a prominent Bitcoin investor in Asia, has announced ambitious plans to significantly increase its Bitcoin holdings. The company now aims to reach a staggering 100,000 BTC by 2026, marking a fivefold increase from their previous target. This bold strategy, spearheaded by CEO Simon Gerovich, represents a strategic shift toward a Bitcoin-centric treasury management model and reflects the firm’s bullish outlook on the cryptocurrency’s future role in global finance. To achieve this ambitious goal, Metaplanet will issue 555 million new shares to raise approximately JPY 767.4 billion for the substantial Bitcoin acquisition. This significant commitment signals strong confidence in Bitcoin’s continued growth and signifies a departure from traditional treasury practices.