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Home Bitcoin

Metaplanet Passes Coinbase As 7th-Biggest Bitcoin Holder

June 17, 2025
in Bitcoin
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Metaplanet Passes Coinbase As 7th-Biggest Bitcoin Holder
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Metaplanet’s newest Bitcoin purchase has pushed its complete holdings previous these of Coinbase, setting the stage for it to overhaul Tesla and Hut 8 subsequent.

The Japan-based funding agency stated earlier at present that it acquired an extra 1,112 BTC for roughly $117 million, bringing its complete to 10,000 cash to change into 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 line 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 govt chair Michael Saylor additionally just lately hinted at one other buy, which, if historical past repeats, will likely be introduced later at present.

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

The typical buy value for the newest acquisition was roughly $105,435 per Bitcoin, stated Metaplanet’s CEO Simon Gerovich in an X submit at present. Total, the corporate’s 10K BTC holdings have 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 complete provide. With a purpose to obtain this objective, the corporate must purchase one other 200K Bitcoin over the following 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

Buyers reacted positively to Metaplanet’s newest BTC acquisition, with the corporate’s share value pumping greater than 25% at present, 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 full acquire over the previous 12 months to above 2,029%, after the corporate began accumulating Bitcoin in April final 12 months.

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