#MetaplanetBTCPurchase
Metaplanet Hits 10,000 $BTC Milestone – Overtakes Coinbase in Corporate Holdings
Japanese investment firm Metaplanet has surged into the top ranks of corporate Bitcoin holders, acquiring an additional 1,112 $BTC for $117.2M —pushing its total stash to 10,000 BTC ($1.07B), surpassing Coinbase’s 9,267 BTC. The firm also announced a $210M bond issuance to fund further purchases, aiming for 210,000 BTC by 2027.
Metaplanet’s stock soared 26% following the news, capping a 417% YTD rally. Inspired by MicroStrategy’s strategy, the company views Bitcoin as a hedge against inflation and yen weakness. With institutional demand rising, Metaplanet’s aggressive accumulation highlights growing corporate confidence in BTC's long-term value. 🚀
