Japanese investment firm Metaplanet has recently acquired 1,112 Bitcoin, bringing its total Bitcoin holdings to 10,000 BTC, surpassing Coinbase as the seventh largest public company by Bitcoin reserves.

On Monday, Metaplanet announced that it had purchased the stack of Bitcoin

BTC

$107,461

for 16.88 billion Japanese yen (117 million dollars). The firm now holds 10,000 Bitcoin, exceeding Coinbase's 9,267 Bitcoin, according to data from Bitbo.