#MetaplanetBTCPurchase đ Metaplanet Surpasses Coinbase â Hits 10,000âŻBTC Milestone! đ
Tokyoâbased investment firm Metaplanet has announced a bold new milestone: an additional 1,112âŻBTC purchase worth $117âŻmillion, bringing its total holdings to 10,000âŻBTCâsurpassing Coinbase to become the 7thâ9th largest publicly traded Bitcoin holder .
This acquisition was funded through a $210âŻmillion zeroâinterest bond issuance, underlining Metaplanetâs aggressive strategy to deepen its Bitcoin exposure . The move sent Metaplanetâs stock soaring, rallying 17â25% on the day of the announcement .
Looking ahead, the firmâs ambitions are monumental: it now targets 30,000âŻBTC by end-2025, 100,000âŻBTC by 2026, and an astonishing 210,000âŻBTC by endâ2027ânearly 1% of Bitcoinâs total supply .
Metaplanetâs growth has been staggeringâits market cap topped ÂĽ1âŻtrillion (~$6.9âŻbillion), and its stock price has surged over 2,000%! since adopting the Bitcoin treasury model . Though some warn of potential shareholder dilution if the stock trades below BTC NAV, investor enthusiasm remains strong .
đ Takeaway: Metaplanet is fast evolving from a hotelier to a Bitcoin treasury powerhouse. With bold goals and aggressive funding tools, itâs redefining corporate Bitcoin strategy in Asia. Watch this space.