Metaplanet’s 21K BTC Plan by 2027

[umair]

Metaplanet, a publicly listed Japanese firm, recently unveiled an ambitious Bitcoin acquisition strategy: it aims to hold 21,000 BTC by the end of 2026–2027. This goal traces back to a phased approach—first targeting 10,000 BTC by the end of 2025, and then scaling up to the full 21K mark by 2026

The chosen figure cleverly echoes Bitcoin’s capped supply of 21 million, underscoring the symbolic parallel between corporate treasury strategy and Bitcoin’s scarcity model

Metaplanet’s journey began with its Bitcoin Standard adoption in April 2024. At the end of that year, it held approximately 1,761 BTC, purchased at an average price of ¥11.85 million each. This initial investment has delivered eye-popping returns, including a 309.82% BTC yield in Q4 2024 and a 41.7% yield in Q3

To fund its expansion, Metaplanet plans to issue 21 million shares via moving‑strike warrants, leveraging capital markets while prioritizing shareholder value. Their key performance metric isn’t fiat returns, but rather BTC‑per‑share yield, with a target of 35% BTC yield per quarter in 2025

By aligning equity dilution with Bitcoin’s value trajectory, they aim for strategic acquisition without sacrificing investor interests.

This bold plan places Metaplanet alongside heavyweight corporate Bitcoin holders like MicroStrategy, further establishing Japan’s foothold in the BTC treasury movement. By mirroring Bitcoin’s fixed supply narrative and delivering strong BTC returns relative to their share count, Metaplanet not only seeks aggressive growth but also a leadership role in global Bitcoin adoption. If executed as planned, this could reshape institutional attitudes toward holding large-scale BTC reserves.