Metaplanet, listed in Tokyo, said on Tuesday that it would accumulate 10,000 bitcoin (BTC) by the end of 2025 and 21,000 bitcoin by the end of 2026 as part of a business treasury plan.
The strategy is designed to establish Metaplanet as one of the world’s largest Bitcoin holders, the company said. It holds more than $ 180 million in assets from Wednesday, show the data.
The so -called “21 million” plan – a wink probably to the total Bitcoin offer – involves issuing 21 million shares via strike mandates to increase around 116.65 billion yen (or near $ 740 million at current exchange rates), marking one of the greatest equity, capital increases for Bitcoin in Asia.
This plan aims to protect the value of shareholders by fixing the exercise price at 100% of the closing price of the day before, avoiding the dilution often observed with traditional mandates.
Metaplanet targets an expected yield of 35% BTC each quarter. He obtained a BTC yield of 309.82% for the Q4 2024 following a BTC return of 41.7% in the third quarter of 2024 – a decision that proves that his acquisition strategy was on the right track , according to the press release.
“BTC’s yield is the basis of our strategy and the ultimate measure of our success,” said Dylan Leclair, director of Bitcoin strategy at Metaplanet. “We do not measure the performance in fiduciary currencies like the yen or the dollar – our reference is Bitcoin itself.”
“Our mission is to maximize Bitcoin by action for our shareholders. Bitcoin is not only an asset; This is the outing strategy. We are here to accumulate and direct, not to sell, ”added Leclair.
Metaplanet’s shares closed 5% more on Wednesday.
