#MetaplanetBTCPurchase
**Metaplanet Surpasses 10,000 BTC Holdings in Bold Bitcoin Strategy**
Metaplanet, a Japanese investment firm, has achieved a significant milestone by acquiring an additional 1,112 Bitcoin (BTC), bringing its total holdings to 10,000 BTC—surpassing Coinbase Global’s 9,267 BTC . The purchase, worth $117.2 million at an average price of $105,435 per BTC, underscores the company’s aggressive crypto accumulation strategy .
To fund further acquisitions, Metaplanet issued $210 million in zero-interest bonds, with proceeds dedicated to Bitcoin purchases . This aligns with its ambitious 2027 target of holding 210,000 BTC, or 1% of Bitcoin’s total supply . The firm’s stock surged 17% following the announcement, reflecting investor confidence in its Bitcoin-centric approach .
Metaplanet’s strategy mirrors corporate Bitcoin adoption trends, positioning it as Asia’s leading public BTC holder. CEO Simon Gerovich highlighted a 266.1% year-to-date return on its Bitcoin investments, reinforcing the asset’s role in its treasury . With plans for a $5.4 billion equity offering to expand holdings, Metaplanet is poised to become a major player in institutional crypto adoption .
This move signals growing institutional trust in Bitcoin as a long-term store of value, setting a precedent for global firms .
