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Metaplanet’s Bitcoin Bet Just Got Bigger—Here’s What Changed

  • Tokyo-based firm Metaplanet has increased its Bitcoin purchase goal significantly, aiming to hold 100,000 BTC by the end of 2026 compared to its previous target of 21,000 BTC.
  • To achieve this, Metaplanet plans to issue 555 million new shares over the next 18 months, requiring the purchase of approximately 91,112 more BTC.
  • The CEO, Simon Gerovich, attributes this aggressive move to shifts in the global economy, with traditional 'safe' assets like long-term government bonds losing appeal, making Bitcoin's scarcity and ease of transfer more attractive.
  • Metaplanet also aims to hold over 210,000 BTC by the end of 2027, putting them in the '1% Club' of public companies holding Bitcoin, a goal that would require careful timing and significant investments.

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