Metaplanet Surpasses Coinbase, Acquires 10,000 Bitcoin in 6 Months

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Japan’s Metaplanet Hits 10,000 <a href="https://jpyxx.com/btc-usd/">Bitcoin</a> Milestone, Overtakes Coinbase in Holdings

Metaplanet, often referred to as Japan’s equivalent of MicroStrategy, has achieved its target of procuring 10,000 Bitcoins (BTC) by the end of 2025, a goal that was accomplished an impressive six months ahead of schedule.

Previously, Coinbase Global was the 9th-largest public holder of Bitcoin, with a total of 9,267 coins. However, the Bitcoin treasury company has now amassed more Bitcoin, surpassing Coinbase and taking the 9th spot on the list.

Metaplanet Reaches 10,000 Bitcoin Milestone in Six Months

Today, the significant milestone of reaching 10,000 was achieved by our company, as we made a fresh investment of about $117.2 million to procure 1,112 Bitcoins. The average cost per Bitcoin in this purchase was approximately $105,435.

Simon Gerovich, our CEO, announced that Metaplanet recently purchased 1112 Bitcoins for approximately $117.2 million, with each Bitcoin costing around $105,435. This move has resulted in a Year-to-Date (YTD) 2025 BTC Yield of 266.1%. As of June 16, 2025, we now possess 10,000 Bitcoins, which were acquired for approximately $947 million, with each Bitcoin costing around $94,697. The relevant stock symbol is MTPLF.

10,000 BTC
Metaplanet has arrived.
メタプラネット号、ついに到達。

— Simon Gerovich (@gerovich) June 16, 2025

Two weeks ago, I made another investment by purchasing some more Bitcoins, following my initial purchase of 1,088 BTC on June 2nd. This move placed Metaplanet among the top 10 public Bitcoin holders. Now, just two weeks later, it appears that we’ve climbed up to the 9th spot in the rankings.

Remarkably, the company’s announcement about its acquisition occurred on the very same day that Metaplanet’s board endorsed the release of $210 million in regular bonds with zero percent interest rates.

On December 12, 2025, the 18th installment of regular bonds destined for EVO Fund reaches maturity. All proceeds from this maturation process will be allocated solely for additional Bitcoin investments.

According to recent reports from BeInCrypto, Metaplanet has increased its ambition for acquiring Bitcoin. By the year 2025, the company aims to possess approximately 30,000 Bitcoins. This objective aligns with their long-term goal of controlling 1% of the total Bitcoin supply by 2027.

To add to that, Metaplanet has increased its aim for 2026 from 21,000 Bitcoins to a staggering 100,000 Bitcoins. Furthermore, the company is striving to amass an even more impressive 210,000 Bitcoins by the close of 2027, which amounts to approximately 1% of Bitcoin’s total supply of 21 million units.

To finance this, Metaplanet plans to issue 555 million shares to raise $5.4 billion (¥770 billion).

According to the statement, the release of 555 million shares through ‘moving strike warrants’ marks the biggest public equity fundraising event in Asia aimed at purchasing Bitcoin.

Amid growing interest from institutional investors, there’s been an escalation in the attempts to amass more Bitcoins. In fact, many businesses are now adopting Bitcoin as their corporate reserve asset, and some have even transformed into Bitcoin-focused treasure companies entirely.

Even though these strategies are in place, there are lingering doubts regarding their longevity. Lately, Sygnum has voiced worries about the potential for heightened risk of bankruptcy when leverage is employed. Additionally, excessive accumulation could potentially result in greater centralization and market volatility.

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2025-06-16 10:26