#MetaplanetBTCPurchase
Metaplanet hits 10,000 BTC holdings, overtakes Coinbase Global with latest 1,112 Bitcoin purchase.
Shares of Metaplanet jumped more than 17% after the Japanese investment firm announced the acquisition of 1,112 BTC, raising its total holdings to 10,000 BTC — surpassing the amount held by Coinbase Global.
On Monday, Metaplanet CEO Simon Gerovich wrote on X that it acquired an additional 1,112 BTC for $117.2 million at an average price of $105,435 per Bitcoin. This boosted its total holdings to 10,000 BTC.
Data from Bitcointreasuries.net shows Coinbase Global holds 9,267 BTC, indicating that Metaplanet's latest purchase has pushed it ahead of the crypto exchange.