#MetaplanetBTCPurchase 🔥🔥🔥

Metaplanet surpasses Coinbase with 10,000 BTC and becomes the ninth largest holder of Bitcoin.

Metaplanet (3350), the Japanese company that has committed to buying #BTC , increased its holdings to 10,000 BTC, surpassing the crypto 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, published CEO Simon Gerovich on X. The purchase raised its holdings above Coinbase's 9,267, according to data from BitcoinTreasuries.com.

As of June 16, Metaplanet's accumulated investment in bitcoin amounts to approximately 947 million dollars, with an average acquisition cost of 94,697 dollars per BTC. It began its bitcoin accumulation journey in April 2024.#MetaplanetBTCPurchase