Japan’s Metaplanet Ramps Up BTC Strategy, Targets 21,000 Coins

Tokyo-based Metaplanet has continued its aggressive Bitcoin strategy, now holding over $400 million in BTC following its latest acquisition.

The company picked up 330 more coins for roughly $28.2 million, averaging $85,605 per BTC. With this move, its total stash has reached 4,855 BTC, positioning Metaplanet as the largest corporate Bitcoin holder in Asia and placing it among the top ten globally, according to Bitbo.

CEO Simon Gerovich shared the update on April 21, revealing that the firm’s year-to-date gains have already exceeded 119%. Just weeks earlier, on March 31, Metaplanet raised 2 billion yen (about $13.3 million) through bond issuance to help fund its Bitcoin purchases.

Often likened to “Asia’s MicroStrategy,” Metaplanet is on a mission to acquire 21,000 BTC by 2026—a symbolic figure aligning with Bitcoin’s total supply cap of 21 million coins. The company’s bold strategy mirrors that of U.S.-based Strategy, which remains the largest corporate holder with over 531,000 BTC after purchasing another 3,459 coins earlier this month.

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Analysts view the growing involvement of institutions like Metaplanet, Strategy, and Tether as a key driver in accelerating Bitcoin’s typical four-year cycle. Enmanuel Cardozo of Brickken believes the next peak could arrive sooner than expected due to increasing market maturity and liquidity.

Despite near-term caution caused by geopolitical risks and trade tensions, long-term forecasts remain highly optimistic. Joe Burnett of Unchained projected Bitcoin could reach over $1.8 million by 2035 as it continues to gain traction as a long-term store of value—potentially rivaling gold’s multi-trillion-dollar market cap.

Alexander Stefanov