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BitcoinSistemi 2025-01-29 15:35:09

Japanese Company Metaplanet Announces the Number of Bitcoins It Will Purchase by the End of 2026! Here Are the Details

Japanese Company Metaplanet Announces the Number of Bitcoins It Will Purchase by the End of 2026! Here Are the Details

Tokyo Stock Exchange-listed Metaplanet announced that it plans to accumulate 21,000 Bitcoin (BTC) by the end of 2026, making it one of the largest institutional Bitcoin purchases in Asia. Japan's Metaplanet Announces Ambitious Plan to Buy 21,000 Bitcoins by 2026 The initiative, dubbed the “21 Million Plan,” involves issuing 21 million shares via rolling strike warrants to raise about 116.65 billion yen ($740 million). The company aims to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by 2026, positioning itself as one of the largest institutional Bitcoin holders in the world. Metaplanet currently has over $180 million in assets and has adopted a Bitcoin-first treasury approach. Unlike traditional companies that measure performance in fiat currencies, Bitcoin Strategy Director Dylan LeClair emphasized that Metaplanet evaluates its success by BTC Yield, which is the return measured in Bitcoin rather than fiat currency. “Bitcoin is not just an asset; it is an exit strategy,” LeClair said. “We are here to accumulate and direct, not to sell.” The 21 Million Plan also aims to protect shareholder value and prevent dilution often seen in traditional capital raisings by setting the warrant exercise price at 100% of the previous day's closing price. Following the 41.7% BTC Return in Q3, Metaplanet has reinforced confidence in its Bitcoin acquisition strategy by reporting an impressive 309.82% BTC Return in Q4 2024. The company has set a target of 35% BTC Return per quarter going forward. Investors' confidence in the plan was reflected in the stock market, with Metaplanet shares closing 5% higher on Wednesday. The bold Bitcoin accumulation strategy underscores a growing trend of companies, particularly in Asia, embracing Bitcoin as a treasury reserve asset. If successful, Metaplanet could join the ranks of MicroStrategy and other large institutional Bitcoin holders in reshaping institutional adoption of digital assets. *This is not investment advice. Continue Reading: Japanese Company Metaplanet Announces the Number of Bitcoins It Will Purchase by the End of 2026! Here Are the Details

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