Based on reports, Metaplanet’s earlier target was to own 21,000 BTC by late 2026. Now, Gerovich says they will aim for 100,000 BTC instead. The company already announced buying 1,088 BTC on June 2, bringing holdings to 8,888 BTC.
Gerovich has pointed to shifts in the global economy. He says capital is leaving assets once called “safe,” like long-term government bonds. Gold, he notes, has hit record highs against major currencies.
*Metaplanet Announces Accelerated 2025-2027 Bitcoin Plan*
To gather cash for these purchases, Metaplanet will push 555 million more shares onto the market. Under the earlier “21 million plan,” the company already had 210 million shares lined up for Bitcoin buys.
Adding 555 million more shares represents a massive dilution of stock. Shareholders who backed the initial plan might waver if Bitcoin stumbles. But if Bitcoin’s value climbs, those new shares could also rise in worth. It’s a big gamble with risks on both sides—market moves and shareholder sentiment.
Gerovich also laid out a plan through 2027. By December 31, 2027, Metaplanet hopes to hold over 210,000 BTC. That would place them in the so-called “1% Club,” meaning they’d hold at least 1% of Bitcoin’s 21 million supply cap.
Based on reports from Standard Chartered Bank, only 61 of 124 public companies that hold Bitcoin own a combined 3.2% of its total supply.
Metaplanet’s bid to grab 1% on its own would stand out among public firms. But collecting that many coins will require careful timing, especially as large purchases can push prices higher.
Featured image from Unsplash, chart from TradingView
