Metaplanet, dubbed “Japan’s MicroStrategy,” has completed its goal of acquiring 10,000 Bitcoins (BTC), set for 2025, within just the first six months of the year.
The Bitcoin treasury company has now surpassed Coinbase Global, which holds 9,267 BTC, to become the 9th-largest publicly traded holder of the largest cryptocurrency.
The 10,000 milestone was completed through the firm’s latest purchase today. Metaplanet invested approximately $117.2 million to acquire 1,112 BTC, with an average purchase price of $105,435 per Bitcoin.
“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,” CEO Simon Gerovich posted.
This latest buy follows a previous purchase of 1,088 BTC on June 2, which positioned Metaplanet as the 10th largest public Bitcoin holder. Now, just two weeks later, the firm has moved up one spot.
Notably, the acquisition announcement comes on the same day the Metaplanet’s board of directors approved the issuance of $210 million in ordinary bonds at a 0% interest rate.
The 18th series of ordinary bonds to EVO Fund will mature on December 12, 2025. The funds will exclusively be directed towards further Bitcoin purchases.
This aligns with the firm’s latest goal to own 1% of the total Bitcoin supply by 2027. BeInCrypto reported earlier that Metaplanet had raised its acquisition targets. The firm is now looking to hold 30,000 BTC by 2025.
Moreover, the target for 2026 has also been raised. Metaplanet revised its goal from 21,000 BTC to 100,000 BTC. In addition, the company aims to acquire 210,000 BTC by the end of 2027, equivalent to 1% of Bitcoin’s total supply of 21 million.
To finance this, Metaplanet plans to issue 555 million shares to raise $5.4 billion (¥770 billion).
“The issuance of 555 million shares in moving strike warrants represents Asia’s largest ever public equity capital raise to buy Bitcoin,” the firm noted.
The efforts to ramp up accumulation come amid increased demand for Bitcoin among institutional investors. Many companies have embraced Bitcoin as a corporate reserve asset, with some transitioning completely into Bitcoin treasury companies.
Despite this, questions remain about the sustainability of these strategies. Recently, Sygnum raised concerns that using leverage can increase the risk of insolvency. Furthermore, the aggressive accumulation could also lead to more centralization and market destabilization.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Read the full article here
