Metaplanet Passes Coinbase As Seventh-Largest Bitcoin Holder

Metaplanet’s newest Bitcoin purchase has pushed its whole holdings previous these of Coinbase, setting the stage for it to overhaul Tesla and Hut 8 subsequent.

The Japan-based funding agency mentioned earlier as we speak that it acquired a further 1,112 BTC for roughly $117 million, bringing its whole to 10,000 cash to turn out to be the world’s Seventh-biggest company holder of BTC.

Metaplanet is now simply 264 BTC away from Canadian mining agency Hut 9 and shutting on the 11,509 BTC held by Elon Musk’s Tesla, in accordance with knowledge from BitBo. Coinbase holds 9,267 Bitcoin.

Main company Bitcoin holder Technique (previously MicroStrategy) nonetheless maintains a dominant place within the rankings with its reserves of 582,000 BTC. The agency’s government chair Michael Saylor additionally lately hinted at one other buy, which, if historical past repeats, can be introduced later as we speak.

Metaplanet Goals For 210K BTC By 2027, Or 1% Of Bitcoin’s Complete Provide

The common buy worth for the most recent acquisition was roughly $105,435 per Bitcoin, mentioned Metaplanet’s CEO Simon Gerovich in an X submit as we speak. General, the corporate’s 10K BTC holdings had been purchased for round $947 million at about $94,697 per coin, he added. 

Metaplanet goals to carry 210K BTC by the top of 2027, or 1% of its whole provide. In an effort to obtain this purpose, the corporate must purchase one other 200K Bitcoin over the subsequent 30 months.

Metaplanet has acquired 1112 BTC for ~$117.2 million at ~$105,435 per bitcoin and has achieved BTC Yield of 266.1% YTD 2025. As of 6/16/2025, we maintain 10,000 $BTC acquired for ~$947 million at ~$94,697 per bitcoin. $MTPLF pic.twitter.com/8nmQ2RaOIF

— Simon Gerovich (@gerovich) June 16, 2025

Metaplanet’s Shares Pump 25% After Newest BTC Buy

Traders reacted positively to Metaplanet’s newest BTC acquisition, with the corporate’s share worth pumping greater than 25% as we speak, in accordance to Google Finance. 

That has added to the corporate’s year-to-date acquire, which stands at greater than 430% as of two:29 a.m. EST. It has additionally pushed the whole acquire over the previous yr to above 2,029%, after the corporate began accumulating Bitcoin in April final yr.

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