#MetaplanetBTCPurchase
Metaplanet, a Japanese investment firm, has made significant strides in its Bitcoin acquisition strategy. Here are the key developments .
- *10,000 BTC Milestone*: Metaplanet has reached a major milestone by acquiring 10,000 Bitcoin, valued at approximately $947 million, with an average acquisition cost of $94,697 per BTC. The latest purchase of 1,112 BTC was made at an average price of $105,435 per coin, totaling $117.2 million.
- *Overtaking Coinbase*: This acquisition has propelled Metaplanet past Coinbase Global in BTC holdings, with Metaplanet now holding 10,000 BTC compared to Coinbase's 9,267 BTC. Metaplanet is now the 7th largest public holder of Bitcoin.
- *Bond Issuance*: To fund further Bitcoin purchases, Metaplanet has issued its 18th series of ordinary bonds worth $210 million. The zero-interest bonds will mature in December 2025, and the proceeds will be allocated toward buying more Bitcoin.
- *Future Plans*: Metaplanet aims to hold 210,000 BTC by the end of 2027, which would represent about 1% of the total Bitcoin supply. To support this goal, the company plans to issue 555 million shares over the next two years to acquire additional Bitcoin, as part of a $5.4 billion equity offering.
- *Stock Performance*: Metaplanet's stock price has surged over 408% since the beginning of the year, with a 17% jump after the latest Bitcoin purchase announcement. The company's aggressive Bitcoin accumulation strategy has made it Japan's most shorted stock, despite its stock price rising by 4,800% over the past year.
Metaplanet's Bitcoin strategy has yielded impressive returns, with a year-to-date gain of 266.1% in 2025. The company's bitcoin yield, a key metric tracking the ratio of total BTC holdings to fully diluted shares outstanding, has posted strong quarterly growth, reaching 309.8% in Q4 2024 and 87.2% so far in Q2 2025 .