Metaplanet’s Bitcoin Bonanza: Will They Really Buy 21,000 BTC? 🤔💰

by

In a dazzling display of audacity, Metaplanet, that illustrious Japanese firm, has decided to don the mantle of Bitcoin aficionado, following in the illustrious footsteps of MicroStrategy. With a flourish befitting a magician pulling rabbits from hats, they have announced their grand ambition: to acquire a staggering 21,000 BTC by the year 2026. 🎩✨

Metaplanet’s lofty aspirations and whimsical symbolism

According to their meticulously crafted plan, Metaplanet aims to snatch up 10,000 BTC by the end of 2025. By the time the clock strikes midnight on 2026, they hope to have amassed a total of 21,000 BTC, thereby securing their place among the pantheon of Bitcoin’s corporate titans. 🏛️

Ah, but there’s more! This 21,000 BTC target is not merely a number; it’s a cheeky nod to Bitcoin’s own cap of 21 million coins. By aiming for such a figure, Metaplanet is not just playing the game; they’re making a statement, a symbolic connection to the very essence of cryptocurrency’s scarcity model. How delightfully meta! 😏

Metaplanet Announces 2025-2026 Bitcoin Plan: 21,000 $BTC target by 2026.

Press release:

— Metaplanet Inc. (@Metaplanet_JP) January 28, 2025

Simon Gerovich, the illustrious Director of Metaplanet, has proclaimed that since the company embraced Bitcoin in the balmy days of April 2024, they have experienced growth that could make a sunflower blush. 🌻

“The market has recognized Metaplanet as Tokyo’s preeminent Bitcoin company,” Gerovich declared, puffing out his chest with pride. “We are seizing this momentum to solidify our position as a global leader.” One can almost hear the trumpets blaring! 🎺

With an eye on the prize, Metaplanet plans to achieve a dazzling 35% BTC yield-per-quarter throughout 2025, all while focusing on Bitcoin’s growth per share. To do this, they are targeting the acquisition of 10,000 BTC by 2025, expanding their already burgeoning BTC treasury. 🏦

Metaplanet’s record-breaking performance and ambitious expansion

In a feat that would make even the most seasoned investors raise an eyebrow, Metaplanet achieved a record-breaking 309.82% BTC yield for Q4 of 2024, following a respectable 41.7% performance in Q3. Clearly, their strategy is paying off, and how! 💸

As of December 31, 2024, Metaplanet boasted a cumulative Bitcoin holding of 1,761 BTC, acquired at an average price of ¥11.85 million per BTC. Quite the treasure trove, wouldn’t you say? 🏴‍☠️

As they set their sights on this ambitious target, Metaplanet plans to issue 21 million shares via moving strike warrants. If successful, this bold maneuver might just catapult them into the upper echelons of corporate Bitcoin holders, right alongside the likes of MicroStrategy. The plot thickens! 🍿

Read More

2025-01-28 16:09