Metaplanet has increased its Bitcoin holdings to 17,132 BTC following a recent acquisition of 780 BTC, part of its long-term strategy to accumulate Bitcoin as it approaches a target of 100,000 BTC by the end of 2026. The value of its Bitcoin portfolio now exceeds $2 billion. To finance this expansion, Metaplanet raised funds through the issuance of over 23 million shares, which were used for redeeming corporate bonds and acquiring more Bitcoin. This accelerates their previous goal of 21,000 BTC, now aiming for 100,000 BTC by the end of 2026, necessitating an acquisition of about 4,900 BTC monthly over the next 17 months if prices hold steady. The company's assertive accumulation positions it as a major corporate holder of Bitcoin, second only to prominent figures like Michael Saylor. This rapid growth raises questions about market sustainability and investor confidence in Metaplanet's ability to continue its aggressive strategy amidst changing market conditions.

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