Metaplanet, also known as Japan’s strategy, has updated Bitcoin acquisition for 100,000 BTC by the end of 2026.
On June 6, Metaplanet published the new Bitcoin (BTC) plan, which increased its previous goal of 21000 BTC.
Simon Girovic, CEO of Metaplanet, said in an advertisement published on X.
Metaplanet 8,888 BTC has a 1,088 BTC acquisition of the latest 1,088 BTC on June 2. The new goal means that it is committed to buying at least 91,112 BTC in the next 18 months.
“Safe Assets” are not safe anymore
Metaplanet’s rush to buy more bitcoin is a response to economic developments around the world and changes in the global financial system.
According to Metaplanet CEO, the global economy is “structurally transformation from the traditional supply structure that focuses on capital and work to a new economic basis driven by information technology.”
The situation is more exacerbated by the effects of the “post -war system” such as geopolitical risks, commercial policy shifts and increasing concerns about the accumulated sovereign debt.
“In this environment, the capital began to flow outside the assets that were previously considered safe, such as long -term government bonds. Gold was re -evaluated to record levels against major currencies,” said in the statement, adding in the statement, adding:
“On this background, the strategic importance of Bitcoin – a origin of high scarcity, ease of incubation and transportation, and the absence of credit brokers – is gaining quickly.”
A 555 million plan is a new 21 million plan
To finance purchases, Metaplanet decided to issue acquisition rights, allowing up to 555 million shares aimed at obtaining bitcoin.
555 million new shares will join to 210 million shares has already been issued under the 21 million plan. According to the statement, metaplanet expects a total of 770.3 billion Japanese yen ($ 5.32 billion), based on the initial exercise price of 1,388 yen ($ 9.6).
Related to: The South Korean Media Company to raise $ 500 million for the Bitcoin Ministry
“By the end of 2027, we aim to maintain more than 210,000 BTC, and thus enter the so -called” 1 % Club “, in reference to entities that contain at least 1 % of the maximum supply of Bitcoin.”
Bitcoin’s accelerating batch of metaplanet came shortly after Standard Chargen warned of the potential risks caused by the adoption of the treasury strategy in the growing bitcoin among public companies.
According to the bank, 61 of a total of 124 public companies invested in Bitcoin owns 3.2 % of the 21 million bitcoin at all.
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