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Just In: Metaplanet Hits 10,000 Bitcoin Target with Latest 1,112 BTC Purchase

Metaplanet now holds 10,000 Bitcoin after its latest purchase of 1,112 BTC, overtaking Coinbase's 9,267 holdings.
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Just In: Metaplanet Hits 10,000 Bitcoin Target with Latest 1,112 BTC Purchase

Highlights

  • Metaplanet adds 1,112 BTC to its total holdings, which now hit 10,000.
  • The Japanese firm announces its 18th Series of Ordinary Bonds, worth $210 million.
  • The firm emerges as a top BTC holder, overpowering Coinbase Global.

Asia’s investment giant has announced its latest accumulation of 1,112 Bitcoins, as part of its strategic BTC buying spree. With this addition, the Japanese company’s total BTC holding has reached a significant milestone, hitting 10,000.

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Metaplanet Buys 1,112 BTC, Announces Bond Issuance

In his latest X post, Metaplanet CEO Simon Gerovich announced the company’s purchase of 1,112 BTC. At an average price of $105,435 per BTC, the Japanese company accumulated the cryptocurrency for $117.2 million.

Previously, Metaplanet revealed its vision for 2025, 2026, and 2027. The firm targeted acquiring 10,000 BTC this year, with ambitions to reach a staggering 100,000 BTC by 2026 and 210,000 BTC by 2027.

Driven by this significant move, the Metaplanet Inc. stock price surged by a massive 22%, reaching 1,830 yen. Over the past month, the shares have seen a staggering increase of 193%.

Source: Yahoo Finance; Metaplanet Stock Price Surges

Alongside its latest BTC acquisition, the Japanese firm has unveiled its 18th Series of Ordinary Bonds, worth $210 million. The funds raised through this issuance will be fully used for BTC acquisition. The firm wrote, “The funds raised are scheduled to be allocated toward the purchase of Bitcoin.”

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 Metaplanet Emerges as a Top BTC Holder, Overtakes Coinbase

As Metaplanet continues its aggressive BTC buying strategy, the firm has emerged as a top BTC holder. With its latest crypto purchase, the Japanese company has surpassed Coinbase Global in BTC holdings.

According to data revealed by Bitcoin Treasuries, Coinbase currently holds a total of 9,267 BTC, valued at $986.78M. Metaplanet now holds the upper hand in BTC holdings, with 733 more coins.

Source: Bitcoin Treasuries, Coinbase Bitcoin Holdings

To further its Bitcoin ambitions, the firm announced a $5.4 billion equity offering on June 6, aimed at acquiring more BTC. The plan involves issuing 555 million shares over the next two years. This move follows a recent Bitcoin purchase on June 2, where Metaplanet acquired 1,088 BTC, taking its total holdings to 8,888 BTC.

As Simon Gerovich noted, the firm’s holdings have yielded impressive returns, with a year-to-date (YTD) gain of 266.1% in 2025. This remarkable performance underscores the company’s strategic decision to heavily invest in Bitcoin, positioning itself for significant growth and returns in the cryptocurrency market.

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Nynu V Jamal

Nynu V Jamal is a Senior Journalist at CoinGape. She boasts more than 3 years of experience in content writing, with expertise in crypto and blockchain. She has contributed to platforms like CoinEdition and CryptoTale, demonstrating her proficiency in navigating the dynamic crypto landscape. Beyond her journalistic pursuits, Nynu is a literary enthusiast, having served as an Assistant Professor of English Language and Literature. She is a Master's degree holder in English Literature and a UGC NET qualifier. Her academic background has enabled her to publish research papers on literature, while also nurturing her creative side as a published poet. Her creative side extends to music, crafts, and art, which she actively explores. Her unique blend of analytical and creative skills allows her to craft engaging stories that captivate audiences. Stay updated with Nynu on LinkedIn

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