Japan's MicroStrategy! Announced the Plan to Accumulate 21,000 Bitcoins - Coin Bulletin

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Metaplanet, traded on the Tokyo Stock Exchange, announced that it plans to accumulate 10,000 BTC by the end of 2025 and a total of 21,000 BTC by the end of 2026 as part of its corporate treasury strategy.

The company aims to become one of the largest institutional BTC holders in the world with this aggressive Bitcoin accumulation plan.

Metaplanet's '21 Million Plan' refers to the total supply of Bitcoin. The company will issue 21 million shares to finance this plan and aims to raise approximately 740 million dollars (116.65 billion yen). This move is noteworthy as one of the largest Bitcoin-focused capital increases in Asia.

The company aims to prevent the dilution (dilution) risk seen in classic capital increases by keeping the exercise price of the shares equal to the closing price of the previous day.

Bitcoin Yield-Driven Strategy

Metaplanet's Bitcoin investment strategy is measured in direct BTC returns instead of traditional currencies. Dylan LeClair, Bitcoin Strategy Director at the company, explains this approach as follows:

"BTC yield (BTC Yield) is the cornerstone of our strategy and the most important indicator of our success. We do not measure our performance in yen or dollars—we measure it in Bitcoin itself."

Metaplanet provided a 41.7% return on BTC in the third quarter of 2024. In the fourth quarter, this ratio reached 309.82%, which demonstrates how successful the company's Bitcoin investment strategy is.

LeClair also emphasized that Metaplanet's purpose is not to sell Bitcoin, but to accumulate it for the long term.

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