#MetaplanetBTCPurchase June 16, 2025: Acquired 1,112 BTC (~$117 million at ~$105,435/BTC), bringing total holdings to 10,000 BTC, surpassing Coinbase in public corporate Bitcoin reserves .
Financing came from:
A ¥33 billion ($210 million) zero-interest bond issuance aimed at crypto purchases .
Metaplanet’s average cost per BTC: $94,697, with investment totalling ~$947 million .
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🚀 Why It Matters
They’re now the 7th-largest publicly traded Bitcoin holder, outpacing Coinbase and closing in on others like Tesla and Hut 8 .
Their ambition: accumulate 210,000 BTC by end‑2027, roughly 1 % of total Bitcoin supply .
Their stock jumped ~17 % following the latest buy, reflecting strong investor enthusiasm .
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📊 Strategic Snapshot
Metric Details
BTC holdings 10,000 BTC
Average cost ~$94,700/BTC
Total invested ~$947 million
Current value ~$1.05 billion based on ~$105k/BTC
Primary funding Equity and zero‑interest bonds
Target 210k BTC by end‑2027 (~1% of total supply)
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🧭 Bottom Line
Metaplanet is executing a full-scale pivot—from hotels to being a Bitcoin treasury vehicle. With aggressive capital raises and strategic purchases, they've leapfrogged major institutions like Coinbase. It’s a bold bet, and if Bitcoin continues rising, they stand to benefit. But with that comes exposure to crypto volatility, heavy use of leverage, and reliance on capital markets.
Want to dive deeper—e.g., bond financing details, founder commentary, how this compares to MicroStrategy/“Strategy”—just let me know!
