In a bold move further cementing its place among the top corporate Bitcoin holders, Metaplanet has officially crossed the 10,000 BTC mark. The Japanese investment firm’s latest acquisition of 1,112 BTC places it ahead of Coinbase Global, previously one of the largest institutional Bitcoin holders.
Latest Acquisition: 1,112 BTC for Over $117 Million
On Monday, Metaplanet’s CEO confirmed the purchase of 1,112 Bitcoin, valued at approximately $117.2 million. The acquisition was made at an average price of $105,435 per BTC, bringing Metaplanet’s total holdings to 10,000 BTC.
“This purchase not only reinforces our long-term Bitcoin strategy, but also signals confidence in the asset’s store-of-value potential,” said the CEO in a statement posted on social media.
According to public treasury data, this new total surpasses the 9,267 BTC currently held by Coinbase Global, the U.S.-based crypto exchange.
Zero-Interest Bonds and Future Expansion
To finance its ongoing Bitcoin strategy, Metaplanet’s board has approved $210 million in zero-interest bonds. The issuance, set to mature by December 12, 2025, is directed toward additional Bitcoin purchases.
This bond issuance marks the 18th series of ordinary bonds for Metaplanet, reflecting growing investor confidence in its aggressive Bitcoin-centered investment model.
Share Price Soars Amid Aggressive BTC Accumulation
Following the announcement, Metaplanet’s stock surged over 17%, reaching 1,769 yen by mid-morning trading in Japan. The company’s share price has now risen more than 408% since the start of 2025, driven primarily by its Bitcoin-focused investment strategy.
Targeting 210,000 BTC by 2027
Earlier this month, Metaplanet unveiled its ambitious plan to acquire over 210,000 BTC—approximately 1% of Bitcoin’s total supply—by the end of 2027. To support this goal, the company proposed a $5.4 billion equity offering, with plans to issue 555 million new shares over the next two years.
In a previous move on June 2, Metaplanet added 1,088 BTC, increasing its holdings to 8,888 BTC before this latest 1,112 BTC addition.
Still Behind Strategy, But Gaining Ground
While Metaplanet’s growth is impressive, it still trails Strategy, the global leader in Bitcoin holdings. Strategy, led by Michael Saylor, recently added 1,045 BTC, bringing its total to 582,000 BTC—far ahead of all other public companies.
Conclusion
Metaplanet’s consistent Bitcoin acquisitions and innovative financing mechanisms, including zero-interest bonds and equity offerings, are solidifying its status as a rising institutional force in the Bitcoin ecosystem. With clear targets and market momentum, the company is well on its way to becoming a top Bitcoin powerhouse in Asia and beyond.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.