#MetaplanetBTCPurchase
Metaplanet overtakes Coinbase in Bitcoin holdings, bringing reserves to 10,000 BTC
Japan’s Metaplanet now owns 10,000 BTC, more than Coinbase.
The company aims to accumulate 210,000 BTC by the end of 2027.
Metaplanet shares rose more than 22% after the new purchase.
Japanese investment firm Metaplanet has purchased another 1,112 BTC worth $117 million, increasing its holdings to 10,000 BTC. This allowed it to overtake the Coinbase exchange in terms of asset volume and take seventh place among public companies by the aforementioned indicator. The average purchase price of Metaplanet is about $96,400 per bitcoin.
In addition, on June 16, 2025, the company announced the issuance of interest-free bonds for $210 million. The funds received will be used for further purchases of cryptocurrency.