Metaplanet to Acquire 100,000 Bitcoin by 2026, Increasing Its Bitcoin Strategy

Metaplanet, aka Japan’s Strategy, has dramatically increased its Bitcoin acquisition target from 21,000 to 100,000 BTC by 2026. The company aims to buy at least 91,112 BTC over the next 18 months as part of a strategic response to economic changes globally. To fund this, they plan to issue 555 million shares. The stakes are rising in the crypto market as more companies adopt Bitcoin treasury strategies.

In a surprising move, Metaplanet, also known as Japan’s Strategy, is making waves in the cryptocurrency world by announcing plans to acquire a whopping 100,000 Bitcoin (BTC) by the end of 2026. This update, shared back on June 6, marks a significant jump from their previous goal of holding just 21,000 BTC.

CEO Simon Gerovich detailed this ambitious pivot via a post on X, announcing, “Our previous target — to hold 21,000 BTC by the end of 2026 — has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time.” Currently, Metaplanet holds 8,888 BTC following a recent acquisition of 1,088 coins on June 2, meaning they need to buy at least 91,112 BTC in the next year and a half.

This aggressive acquisition strategy isn’t just a random gamble. Gerovich suggests that shifting economic currents are behind their rush to expand Bitcoin holdings. The global economic landscape is changing dramatically, he noted, saying it’s undergoing a “structural transformation from a traditional supply structure centered on capital and labor to a new economic foundation driven by information technology.”

Moreover, he pointed out that the fallout from the postwar monetary regime is leading to heightened risks across the board. As geopolitical tensions rise and trade policies shift, the allure of traditionally safe assets—think long-term government bonds—has faded. In his own words, “capital has begun flowing out of assets previously considered safe.” Gold is also getting revalued to unprecedented levels against major currencies, hinting at a changing tide in how investors view security.

This backdrop, Gerovich argued, is what’s putting Bitcoin into the spotlight as a valuable asset. He stated, “the strategic importance of Bitcoin — an asset characterized by high scarcity, ease of custody and transfer, and the absence of credit intermediaries — is rapidly gaining recognition.”

To finance this buying spree, Metaplanet is set to issue stock acquisition rights. This will allow the issuance of up to 555 million shares specifically aimed at ramping up their Bitcoin haul. This new initiative will be layered on top of the already launched 210 million shares from their earlier, more modest 21 million plan.

Looking to the future, Gerovich has ambitious goals: “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.” Metaplanet’s enthusiasm for Bitcoin comes just after a warning from Standard Chartered Bank regarding emerging risks from public companies adopting similar treasury strategies.

According to the bank, 61 out of 124 public companies that have invested in Bitcoin together hold about 3.2% of the total Bitcoin that will ever exist. It appears that Metaplanet is either unfazed by these warnings or sees a unique opportunity amid the changes in the financial landscape.

As the crypto sphere continues to evolve, Metaplanet’s decision could either solidify their position in the market or expose them to new vulnerabilities. This time will tell how their ambitious strategy plays out in a rapidly shifting financial environment.

Metaplanet’s bold strategy to acquire 100,000 BTC marks a significant shift in its Bitcoin ambitions, up from a mere 21,000. With increased investment driven by changing economic dynamics and declining confidence in traditional assets, the company aims to secure its spot in the cryptocurrency market. This push highlights the growing recognition of Bitcoin’s value amidst global financial uncertainty. How this move might ripple through the crypto landscape and the broader market remains to be seen.

Original Source: cointelegraph.com