Tokyo-based Metaplanet is pushing its Bitcoin purchase goals far beyond its previous plans. As of June 6, the company has 8,888 BTC. Currently, we hope to hold 100,000 BTC by the end of 2026. This is a big leap from the old purpose of 21,000 BTC on the same date.
According to CEO Simon Gerovich, Metaplanet will issue up to 555 million shares to support the drive. The plan covers around 18 months and requires you to purchase around 91,112 BTC.
Based on the report, Metaplanet’s early goal was to own 21,000 BTC by the end of 2026. Now, Gerovich says he’s aiming for 100,000 BTC instead. The company has already announced the purchase of 1,088 BTC on June 2nd, bringing its holding to 8,888 BTC.
*Metaplanet will issue 555 million shares of the Mobile Strike Warrant. $ BTC;Japan’s largest stock acquisition rights issued history and the first mobile strike warrant issued so far* pic.twitter.com/zgwire3gmu
– Metaplanet Inc. (@metaplanet_jp) June 6, 2025
The reason behind aggressive movements
Jerovic points to changes in the global economy. He says that capital is separated from what once was called “safe” like long-term government bonds. Gold has hit a record high against major currencies, he notes.
*Metaplanet announces accelerated 2025-2027 Bitcoin Plan*
*Targets 210,000 $ BTC By 2027* pic.twitter.com/xjku3j8apb
– Metaplanet Inc. (@metaplanet_jp) June 6, 2025
In an environment where sovereign debt is rising and trade policy is in liquidity, the scarcity and easy transfer of Bitcoin is attracting attention. According to him, these factors become where Bitcoin could flow for money when other assets feel unstable. Whether that’s right or not, Metaplanet is betting hard on the appeal of Bitcoin.
Issuing shares to fund the purchase of Bitcoin
To raise cash for these purchases, Metaplanet will push 555 million shares into the market. Under the previous “21 million plan,” the company has already lined up with 210 million shares in Bitcoin purchases.
Adding 555 million shares represents a massive dilution of the stock. Shareholders who support the initial plan may shake up when Bitcoin stumbles. However, if Bitcoin’s value rises, these new stocks could also increase in value. It’s a big gamble with risks on both sides, such as market movements and shareholder sentiment.
Aiming to be a 1% club
Jerovic had plans until 2027. By December 31, 2027, Metaplanet hopes to maintain more than 210,000 BTC. It puts them in what is called “1% Club.” This means that we will hold at least 1% of Bitcoin’s 21 million supply cap.
Based on a report from Standard Chartered Bank, only 61 of the 124 public companies holding Bitcoin own a total of 3.2% of their total supply.
The bid to grab Metaplanet’s 1% on its own stands out among public companies. However, collecting many coins requires careful timing, especially as large purchases can increase the price.
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