The recent update from COINOTAG on April 22 highlights significant developments at Metaplanet, as outlined in a letter from the company’s CEO to shareholders. Despite facing **market volatility**, Metaplanet remains committed to its strategic initiative of accumulating **10,000 BTC** by year-end. As it stands, the company has amassed **4,855 BTC**, positioning it as the **10th largest** Bitcoin holder globally and the **top** in Asia. Notably, Metaplanet’s per-share Bitcoin holdings have surged by **119.3%** since January, substantially outperforming their **quarterly target** of +35%. This rise is further supported by the company’s financial maneuvers that led to the acquisition of an additional **2,174 BTC**, valued at around **27 billion yen**. Moreover, Metaplanet’s shareholder base has expanded dramatically, increasing from nearly **10,000** to about **65,000** in just three months, reflecting a strong interest from **institutional investors**. The company is focused on enhancing its **enterprise value** and increasing the per-share Bitcoin allocation.
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