$BTC

The **Japanese company Metaplanet** recently announced achieving its goal of owning **10,000 Bitcoin** worth over **$1.1 billion**, surpassing the exchange giant **Coinbase** which owns 9,267 Bitcoin. The company plans to increase its holdings to **210,000 Bitcoin by 2027** through issuing **$210 million** zero-interest bonds to fund further purchases. The company's stock rose by **more than 20%** after the announcement, recording an annual growth exceeding **400%** since adopting its Bitcoin-focused strategy.

**Metaplanet** aims to hedge against economic challenges in Japan, such as **yen volatility and high national debt**, while benefiting from the potential rise in Bitcoin prices. It is now the **ninth largest company** in the world owning Bitcoin, directly competing with **MicroStrategy** led by Michael Saylor.

In short, Metaplanet has transformed from a hotel company to a Bitcoin investment giant, leveraging innovative financial tools to achieve its ambitious goals.