Japan’s Metaplanet Plans to Buy 21,000 Bitcoin by 2026

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Tokyo-listed Metaplanet said on 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 treasury plan. The strategy is designed to establish Metaplanet as one of the world's largest corporate holders of bitcoin, the company said. It holds over $180 million worth of asset as of Wednesday, data shows . The so-termed "21 Million Plan” — a likely nod to bitcoin’s total supply — involves issuing 21 million shares via moving...