Japanese Firm Metaplanet Surpasses Coinbase With 10,000 BTC in Treasury Holdings
The post Japanese Firm Metaplanet Surpasses Coinbase With 10,000 BTC in Treasury Holdings appeared on BitcoinEthereumNews.com.
Metaplanet has amassed 10,000 BTC in six months, making it the largest corporate Bitcoin holder ahead of Coinbase. Its share gained 24% following the recent acquisition of BTC 117M and has the potential to grow more based on its 555 Million Plan. Metaplanet is now the biggest corporate Bitcoin owner in Asia as it has purchased 1,112 BTC valued at $117.2 million, thus bumping its total holdings to 10,000 BTC. The company, listed in Tokyo, achieved this milestone after only half a year in 2025, way earlier than its previous deadline at the end of the year. 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 hold 10,000 $BTC acquired for ~$947 million at ~$94,697 per bitcoin. $MTPLF pic.twitter.com/8nmQ2RaOIF — Simon Gerovich (@gerovich) June 16, 2025 The news saw the Tokyo Stock Exchange jump 24% to close to 1,896 JPY after the announcement. The shares have surged 425% year-to-date and 2,000 percent in the past 12 months. The U.S.-listed shares of MTPLF have also seen a growth of more than 400% in 2025, with the stock already changing hands at more than $70 and most analysts increasing their target price to as high as $63 in case the company manages to execute its 555 Million Plan within 60 trading sessions left. Here’s some more napkin math to consider. If metaplanet completes the 555M plan in 60 trading days (3 months), you’re looking at a $63/share. How does this compare with your math? @ActuallyClimber pic.twitter.com/fp7rRMQ7nO — Anon LaserEyes (@AnonLaserEyes) June 11, 2025 This new acquisition has been funded by a zero-interest bond issue of 210 million dollars. Metaplanet clarified that all the proceeds would go toward increasing its Bitcoin treasury. The firm had invested $947…
Filed under: News - @ June 16, 2025 10:21 pm