The Tokyo-listed Metaplan said Tuesday that it would accumulate 10,000 Bitcoin (BTC) by the end of 2025 and 21,000 Bitcoin by the end of 2026 as part of a corporate chain.

The strategy is designed to establish the Metaplanet as one of the world’s largest business holders in Bitcoin, the company said. It has over $ 180 million active active from Wednesday, data shows.

The SO-TERMED “21 million plan” is likely to NIKK to Bitcoin’s total supply-in-voltage issue of 21 million shares via moving strike options to raise approx. 116.65 billion yen (or nearly $ 740 million for current exchange rates) marking one of the largest equity capital raises for Bitcoin in Asia.

This plan aims to protect the shareholder value by setting the exercise price to 100% of the previous day’s closure course and avoiding dilution, often seen with traditional warrants.

The metaplan is targeted at an expected 35% BTC yield each quarter. It achieved a 309.82% BTC yield for Q4 2024 after a 41.7% BTC yield in the 3rd quarter of 2024 -a step showing that its acquisition strategy was on the right path, per. Release.

“BTC outcome is the basis of our strategy and the ultimate goal of our success,” said Dylan Leclair, director of Bitcoin strategy at Metaplanet. “We do not measure performance in Fiat currency such as yen or dollar – our benchmark is Bitcoin itself.”

“Our mission is to maximize Bitcoin per. Share for our shareholders. Bitcoin is not just an asset; That’s the exit strategy. We are here to accumulate and lead, not sell, ”Leclair added.

Shares of Metaplanet closed 5% higher Wednesday.