#MetaplanetBTCPurchase

🚀 Metaplanet Surpasses Coinbase with 10,000 BTC Holdings! 📈

Japanese investment firm Metaplanet just made waves in the crypto world, announcing a massive 1,112 BTC purchase for ¥16.88B ($117M), pushing their total Bitcoin treasury to 10,000 BTC. This officially makes them the 7th-largest publicly traded company holding Bitcoin, overtaking Coinbase’s 9,267 BTC! 🙌

💰 Key Details:

• Average purchase price: ~$96,400 per BTC.

• Metaplanet issued $210M in no-interest bonds to fuel more Bitcoin buys.

• Ambitious goal: Hold 210,000 BTC by end of 2027 (only 200,000 more to go!).

📈 Stock Surge: Metaplanet’s stock (3350T) skyrocketed 22% on Monday, hitting ¥1,860 on the Tokyo Stock Exchange, with a 417% YTD increase!

🌍 Market Context: Despite Bitcoin’s recent dip from $110K to $103K due to geopolitical tensions, institutional demand remains unshaken. ETFs saw $1.3B in net inflows last week, and Bitwise’s CEO predicts BTC could rival the $30T treasuries market! 🚀