Metaplanet buys 1,112 Bitcoin, hitting 10,000 BTC to surpass Coinbase’s 9,267, funded by a $210M bond for further crypto buys.
The investment behemoth Metaplanet of Asia has maintained its Bitcoin acquisition spree and now amassed 10,000 BTC, marking a significant milestone. The Japanese company has achieved 100% of its 2025 objective by increasing its total BTC holdings to 10,000 through the recent acquisition of 1,112 BTC.
Metaplanet Purchases 1,112 BTC and Announces Bond Issuance
Simon Gerovich, CEO of Metaplanet, disclosed the acquisition of 1,112 BTC in his most recent X post. The Japanese company acquired the cryptocurrency for $117.2 million at an average price of $105,435 per BTC.
The vision of Metaplanet for 2025, 2026, and 2027 was previously disclosed. The organization aimed to acquire 10,000 BTC this year, aiming to achieve an astounding 100,000 BTC by 2026 and 210,000 BTC by 2027.
Metaplanet Inc.’s stock price experienced a substantial 22% increase, reaching 1,830 yen, as a result of this noteworthy transaction. The shares have experienced a remarkable 193% increase in the past month.
The Japanese company has disclosed its 18th Series of Ordinary Bonds, which are valued at $210 million, in conjunction with its most recent acquisition of BTC. All funds raised through this issuance will be allocated exclusively to the acquisition of Bitcoin. According to the organization, “The funds raised are intended for the acquisition of Bitcoin.”
Metaplanet surpasses Coinbase as the largest holder of Bitcoin
Metaplanet has become a prominent BTC holder due to its aggressive BTC purchasing strategy. The Japanese company has surpassed Coinbase Global in BTC holdings with its most recent crypto purchase.
Coinbase currently maintains a total of 9,267 BTC, which is valued at $986.78M, as indicated by data disclosed by Bitcoin Treasuries. Metaplanet currently maintains more bitcoins than its competitors, with 733 additional currencies.
The company announced a $5.4 billion equity offering on June 6 to further its Bitcoin ambitions and acquire additional BTC. The proposal entails the issuance of 555 million shares over the next two years. This action is in addition to Metaplanet’s recent acquisition of 1,088 BTC on June 2, which increased its total holdings to 8,888 BTC.
In 2025, the firm’s holdings have generated substantial returns, as Simon Gerovich observed, with a year-to-date (YTD) gain of 266.1%. The company’s strategic decision to significantly invest in Bitcoin, which positions it for significant growth and returns in the cryptocurrency market, is underscored by this remarkable performance.