Metaplanet Ramps Up Bitcoin Holdings — Hits 10,000 BTC
Japanese firm Metaplanet, often called "Asia's MicroStrategy," has officially reached a major milestone—10,000 BTC in reserves. The latest purchase involved 1,112 BTC (valued at ~$117 million), acquired at an average price of around $105,400 per coin.
To fund this acquisition, the company issued $210 million in zero-interest bonds, continuing its bold, leveraged approach to Bitcoin accumulation.
Key Highlights:
BTC Holdings: Now at 10,000 BTC, surpassing Coinbase’s corporate reserves (9,267 BTC).
June 2 Buy: Previously acquired 1,088 BTC (~$118 million).
Financing Strategy: Uses stock warrants and bond issuance to raise capital, similar to MicroStrategy's playbook.
Performance Metric: Focuses on "BTC yield"—growth in Bitcoin per share.
Future Targets:
100,000 BTC by end of 2026.
210,000 BTC (1% of total BTC supply) by end of 2027.
Backed by a planned $5.4 billion capital raise through bonds and warrants.
Metaplanet’s aggressive Bitcoin treasury strategy places it among the top 10 largest corporate holders globally and signals continued institutional confidence in BTC as a long-term store of value.
