#MetaplanetBTCPurchase
Metaplanet, a Japanese investment firm, has made a significant move in the Bitcoin market. Here's what's happening ¹ ²:
- *Latest Purchase*: Metaplanet acquired 1,112 Bitcoin for approximately $117.2 million at an average price of $105,435 per coin. This brings their total holdings to 10,000 BTC, valued at around $947 million.
- *Surpassing Coinbase*: With this purchase, Metaplanet has surpassed Coinbase Global in BTC holdings, becoming the 7th-largest corporate holder of Bitcoin. Coinbase currently holds around 9,267 BTC.
- *Bond Issuance*: To fund further Bitcoin acquisitions, Metaplanet issued $210 million in zero-interest bonds to EVO Fund, a Cayman Islands-based investment firm. These bonds mature on December 12, 2025, and can be redeemed early.
- *Future Plans*: Metaplanet aims to hold 210,000 BTC, approximately 1% of Bitcoin's total supply, by the end of 2027. To achieve this goal, they've announced a $5.4 billion equity offering to issue 555 million shares over the next two years.
- *Stock Performance*: Metaplanet's stock price surged 22% after the announcement, reaching 1,830 yen. Over the past month, the shares have increased by 193%, and year-to-date gains stand at over 430%.
Metaplanet's aggressive Bitcoin buying strategy is paying off, with a year-to-date gain of 266.1% in 2025. Their commitment to Bitcoin is evident, and they're positioning themselves as a dominant force in corporate Bitcoin adoption ¹.