$BTC Metaplanet Overtakes Coinbase With 10K BTC, Becomes No. 9 Bitcoin Holder
The Tokyo-based company bought another 1,112 BTC for $117.2 million.
By James Van Straten|Edited by Sheldon Reback
What to know:
Metaplanet has accumulated 10,000 BTC for a total investment nearing $947 million.
A $210 million bond issuance and consistently strong BTC Yield performance signal Metaplanet’s commitment to bitcoin as a core asset.
Metaplanet (3350), the Japanese company that's committed to buying bitcoin
$107,709.17
, boosted its holdings to
10,000 BTC, overtaking crypto exchange Coinbase (COIN) to now own the ninth-largest stash among publicly traded companies.
The Tokyo based company bought 1,112 BTC for $117.2 million at an average price of $105,435 per bitcoin, CEO Simon Gerovich posted on X. The purchase lifted its holding
