Tokyo-listed Metaplanet shares jumped 5% after the company announced its aggressive move to cement itself as a Bitcoin powerhouse.
Tokyo-listed Metaplanet (JP:3350) shares jumped 5% after the company announced that it is making an aggressive move to cement itself as a Bitcoin powerhouse. The Japanese hotel investor has shared its “21 Million Plan” to accumulate a staggering 21,000 BTC by the end of 2026. The company is set to raise nearly $740 million through 21 million newly issued shares, marking Asia’s largest-ever equity capital raise for Bitcoin, according to Metaplanet.
Metaplanet aims to amass 10,000 BTC by the end of 2025 before expanding its holdings to 21,000 BTC in 2026. “We’re here to accumulate and lead, not sell,” the company declared, signaling its commitment to Bitcoin as a treasury asset rather than a tradeable commodity.
Metaplanet has fully embraced Bitcoin as its core financial metric. “Bitcoin is not just an asset; it’s the exit strategy,” said Dylan LeClair, the company’s director of Bitcoin strategy.
Using TipRanks’ Stock Price and Analysis, we can see that Metaplanet’s stock has soared 2470.6% over the past year.