Japanese investment firm Metaplanet has officially crossed the 10,000 BTC threshold, overtaking Coinbase Global in total corporate Bitcoin holdings. The milestone came after the company disclosed a fresh purchase of 1,112 BTC on Monday, valued at approximately $117.2 million.
CEO Simon Gerovich confirmed the news via X, revealing that the Bitcoin was acquired at an average price of $105,435. The move strengthens Metaplanet’s position among the top Bitcoin-holding public companies globally.
Updated data from Bitcointreasuries.net shows Coinbase Global holding 9,267 BTC. Metaplanet’s total now stands at 10,000 BTC, marking a significant benchmark in Asia’s growing push for crypto-backed corporate treasuries.
Metaplanet Raises $210M for Bitcoin, Shares Jump 17%
In a bold financing move, Metaplanet’s board approved the issuance of ¥32 billion (around $210 million) in new bonds—its 18th series—to be purchased by EVO Fund and maturing on Dec. 12, 2025. All proceeds are designated for further Bitcoin accumulation.
The announcement was met with strong investor enthusiasm. Metaplanet’s shares, traded on the Tokyo Stock Exchange, jumped 17.2% to ¥1,769 in mid-day trading, according to Yahoo Finance. The rally adds to an already impressive 400% year-to-date stock surge, largely driven by the company’s consistent Bitcoin-focused strategy.
Firm Sets Goal to Own 1% of Bitcoin Supply
Metaplanet is aiming even higher, unveiling a plan to acquire more than 210,000 BTC—roughly 1% of Bitcoin’s total 21 million supply—by the end of 2027.
To fund the effort, the company announced a $5.4 billion equity offering on June 6, with plans to issue 555 million new shares over the next two years. Proceeds will be entirely dedicated to expanding Metaplanet’s Bitcoin reserves.
The announcement follows an earlier spree of acquisitions, including a 1,088 BTC purchase earlier this month that brought the company’s holdings to 8,888 BTC at the time. With the latest buy, Metaplanet now joins the upper tier of institutional holders—though it still trails far behind Strategy (formerly MicroStrategy), which leads the pack with 582,000 BTC after a recent 1,045 BTC purchase.
Quick Facts
- Metaplanet now holds 10,000 BTC, overtaking Coinbase’s 9,267
- Latest purchase: 1,112 BTC at $105,435 per coin
- Company approved $210M in new bonds for Bitcoin buys
- Shares rose 17.2% after announcement, now up 400% in 2025
- Long-term goal: acquire 210,000 BTC via $5.4B equity plan