Japanese Firm Metaplanet Aims to Hold 210,000 Bitcoin by 2027

Japanese Bitcoin treasury firm Metaplanet has announced ambitious plans to significantly increase its Bitcoin holdings. The Tokyo-based investment company, which currently holds 8,888 BTC, aims to accumulate at least 210,000 BTC over the next two years. This target reflects a substantial leap in its Bitcoin acquisition strategy, inspired by similar approaches from leading corporate Bitcoin holders.

Metaplanet’s Bitcoin Accumulation Strategy

Metaplanet recently unveiled its updated “2025-2027 Bitcoin Plan,” outlining its roadmap to achieve these goals. By the end of 2025, the firm plans to more than double its current holdings, targeting 30,000 BTC. Looking further ahead, the company has set an aggressive goal of owning 100,000 BTC in 2026, which will pave the way for its ultimate target of 210,000 BTC by 2027.

To finance its Bitcoin acquisitions, Metaplanet plans to issue 555 million shares to raise sufficient capital. However, the company has cautioned that its projections are subject to change based on market conditions and Bitcoin price volatility.

Recent Bitcoin Purchases

As of now, Metaplanet’s Bitcoin holdings stand at 8,888 BTC, valued at over $921.4 million. In a recent transaction on June 2, the firm invested $117.7 million to purchase 1,088 BTC at an average price of $108,209 per Bitcoin. This purchase aligns with its broader strategy of steadily accumulating Bitcoin to hedge against economic challenges, including the weakening yen.

Future Acquisition Targets

To meet its 2025 target of 30,000 BTC, Metaplanet will need to acquire an additional 21,112 BTC within the next six months. Based on current market prices, this would require an investment of approximately $2.18 billion. If the company successfully reaches its 210,000 BTC goal by 2027, it would own 1% of the total Bitcoin supply, a noteworthy milestone in the cryptocurrency market.

Comparison with Leading Bitcoin Holders

Metaplanet’s strategy has drawn comparisons to MicroStrategy, the largest corporate Bitcoin holder globally. MicroStrategy, led by Michael Saylor, currently owns 580,250 BTC, representing around 2.7% of the total Bitcoin supply. Metaplanet’s approach has earned it the nickname “Asian MicroStrategy,” highlighting its pioneering role in adopting a Bitcoin treasury strategy within the region.

Why Metaplanet is Betting on Bitcoin

Metaplanet began its Bitcoin acquisition journey in May 2024 as a response to Japan’s economic challenges, including a depreciating yen. The firm views Bitcoin as a hedge against inflation and a store of value in uncertain economic conditions. Its aggressive accumulation strategy underscores its confidence in Bitcoin’s long-term potential as a global asset.

With its ambitious targets and substantial financial commitment, Metaplanet is positioning itself as a major player in the cryptocurrency space. As the company continues to execute its Bitcoin strategy, it will be closely watched by investors and industry observers alike.

Post Views: 4