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Asia’s investment giant Metaplanet continues its Bitcoin buying spree, now holding 10,000 BTC and reaching a significant milestone. The Japanese company’s recent purchase of 1,112 BTC has raised its total BTC holdings to 10k, thereby achieving 100% of its 2025 target.
Metaplanet Buys 1,112 BTC, Announces Bond Issuance
In his latest X post, Metaplanet CEO Simon Gerovich announced the company’s purchase of 1,112 BTC. At an average price of $105,435 per BTC, the Japanese company accumulated the cryptocurrency for $117.2 million.
Previously, Metaplanet revealed its vision for 2025, 2026, and 2027. The firm targeted acquiring 10,000 BTC this year, with ambitions to reach a staggering 100,000 BTC by 2026 and 210,000 BTC by 2027.
Driven by this significant move, the Metaplanet Inc. stock price surged by a massive 22%, reaching 1,830 yen. Over the past month, the shares have seen a staggering increase of 193%.
Source: Yahoo Finance; Metaplanet Stock Price Surges
Alongside its latest BTC acquisition, the Japanese firm has unveiled its 18th Series of Ordinary Bonds, worth $210 million. The funds raised through this issuance will be fully used for BTC acquisition. The firm wrote, “The funds raised are scheduled to be allocated toward the purchase of Bitcoin.”
Metaplanet Emerges as a Top BTC Holder, Overtakes Coinbase
As Metaplanet continues its aggressive BTC buying strategy, the firm has emerged as a top BTC holder. With its latest crypto purchase, the Japanese company has surpassed Coinbase Global in BTC holdings.
According to data revealed by Bitcoin Treasuries, Coinbase currently holds a total of 9,267 BTC, valued at $986.78M. Metaplanet now holds the upper hand in BTC holdings, with 733 more coins.
Source: Bitcoin Treasuries, Coinbase Bitcoin Holdings
To further its Bitcoin ambitions, the firm announced a $5.4 billion equity offering on June 6, aimed at acquiring more BTC. The plan involves issuing 555 million shares over the next two years. This move follows a recent Bitcoin purchase on June 2, where Metaplanet acquired 1,088 BTC, taking its total holdings to 8,888 BTC.
As Simon Gerovich noted, the firm’s holdings have yielded impressive returns, with a year-to-date (YTD) gain of 266.1% in 2025. This remarkable performance underscores the company’s strategic decision to heavily invest in Bitcoin, positioning itself for significant growth and returns in the cryptocurrency market.
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Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
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