Japanese investment firm Metaplanet has officially joined the big leagues in Bitcoin accumulation, revealing on Monday that it now holds 10,000 BTC — surpassing Coinbase’s 9,267 BTC — and becoming the 7th-largest public company Bitcoin holder.
This latest move follows a 1,112 BTC purchase worth $117 million, made at an average price of ¥13.9 million (~$96,400) per BTC.
💰 $210 Million in Bonds to Buy More BTC
On the same day, Metaplanet’s board approved a massive $210 million zero-interest bond issuance, with all proceeds earmarked for additional Bitcoin purchases.
The company has set its sights on a bold target of 210,000 BTC by the end of 2027 — meaning it still plans to buy 200,000 more BTC in the next 18 months.
📈 Stock Surges 22% on Bitcoin Strategy
Following the announcements, Metaplanet’s stock (TSE: 3350T) jumped over 22%, hitting a peak of ¥1,860 on the Tokyo Stock Exchange. Year-to-date, its share price has soared over 417%, thanks largely to its aggressive Bitcoin strategy.
🏦 Institutional Bitcoin Demand Still Resilient
Despite Bitcoin’s recent pullback from $110K to $103K due to global tensions, institutional interest remains strong:
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Bitcoin ETFs saw $1.3 billion in inflows last week
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MicroStrategy’s Michael Saylor confirmed further BTC buys
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Bitwise CEO suggests Bitcoin may one day rival the $30T U.S. Treasury market
Metaplanet’s aggressive Bitcoin accumulation strategy positions it as a serious player in the institutional crypto space.
For more updates on institutional Bitcoin moves and macro trends, visit https://cryptodicenews.blog
