#MetaplanetBTCPurchase Metaplanet (3350), the Japanese company that has committed to buying bitcoin

BTC

$107,100.22

, increased its holdings to 10,000 BTC, surpassing the cryptocurrency exchange Coinbase (COIN) to now have the ninth largest reserve among publicly traded companies.

The Tokyo-based company purchased 1,112 BTC for 117.2 million dollars at an average price of 105,435 dollars per bitcoin, CEO Simon Gerovich posted on X. The purchase raised its holdings above Coinbase's 9,267, according to data from BitcoinTreasuries.com.