Catenaa, Monday, June 16, 2025-Japanese investment firm Metaplanet said early today it had purchased 1,112 more Bitcoin, lifting its total holdings to 10,000 BTC and overtaking Coinbase Global’s known reserves.
The $117.2 million acquisition, executed at an average price of $105,435 per Bitcoin, marks a milestone for the Tokyo-listed firm, which launched its Bitcoin treasury strategy in April 2024. According to Bitcointreasuries.net, Coinbase currently holds 9,267 BTC.
In tandem with the buy, Metaplanet’s board approved the issuance of $210 million in zero-interest bonds to EVO Fund, earmarked for additional Bitcoin acquisitions. The bonds are due Dec. 12, 2025.
The market responded sharply. Shares of Metaplanet surged more than 17% Monday in Tokyo, closing at 1,769 yen.
The stock has gained over 408% since January.
The latest move builds on Metaplanet’s aggressive strategy to acquire up to 210,000 BTC, roughly 1% of Bitcoin’s fixed supply, by the end of 2027.
On June 6, the firm announced plans for a $5.4 billion equity offering, aimed at issuing 555 million new shares over two years to finance further Bitcoin buys.
Earlier this month, Metaplanet bought 1,088 BTC, lifting its total to 8,888 before Monday’s announcement.
MicroStrategy, now rebranded as Strategy, remains the global leader with 582,000 BTC, following a 1,045 BTC purchase last week.
