#MetaplanetBTCPurchase Metaplanet has made a significant splash in the Bitcoin market with its latest purchase of 1,112 BTC, valued at approximately $117.2 million ¹. This acquisition brings the Japanese firm's total Bitcoin holdings to 10,000 BTC, surpassing Coinbase Global's holdings of 9,267 BTC ¹ ².

Metaplanet's aggressive Bitcoin buying strategy is noteworthy, especially considering the current economic uncertainty. The company's commitment to investing in Bitcoin is evident in its plans to allocate funds raised from its 18th series of ordinary bonds, worth $210 million, towards purchasing more Bitcoin ¹.

The firm's CEO, Simon Gerovich, announced the purchase on X, highlighting Metaplanet's achievement of its 2025 target of holding 10,000 BTC ¹. This milestone is a significant step towards the company's ambitious goal of acquiring 210,000 BTC by 2027 ¹.

Metaplanet's stock price has surged 22