- Metaplanet has surpassed Coinbase by acquiring 10,000 BTC and launched a $210 million no-interest bond to expand its Bitcoin holdings to 210,000 BTC by 2027.
- The move sparked a 22% surge in its stock, reflecting strong investor confidence and growing institutional interest in Bitcoin.
Metaplanet has shaken up the crypto investment world by surpassing Coinbase in Bitcoin holdings and unveiling a groundbreaking $210 million bond strategy aimed at aggressively expanding its BTC treasury.
Metaplanet Bitcoin Holdings Leap Ahead of Coinbase
In a landmark move, Japanese investment firm Metaplanet has acquired a total of 10,000 BTC, overtaking Coinbase to become the seventh-largest publicly traded Bitcoin-holding company. The firm recently purchased 1,112 BTC worth approximately $117 million, bringing its average acquisition price to $96,400 per BTC. This bold step reflects growing confidence in Bitcoin’s long-term value and highlights Metaplanet’s determination to lead in the digital asset space.
$210M Bond Plan to Supercharge Bitcoin Expansion
To accelerate its crypto growth, Metaplanet announced a no-interest bond issuance worth $210 million. The funds will be dedicated entirely to increasing its Bitcoin reserves, with an ambitious goal of reaching 210,000 BTC by 2027. This strategic use of debt signals a shift in how traditional firms might finance digital asset accumulation moving forward.
Metaplanet Stock Soars Over 20% Following the Announcement
Investor enthusiasm was immediate. Metaplanet’s stock, listed on the Tokyo Stock Exchange under ticker 3350T, surged over 22% in one day, peaking at 1,860 yen. Year-to-date, shares have skyrocketed more than 417%, driven by the company’s crypto-first strategy. The stock’s rally signals strong investor approval and confidence in Metaplanet’s bold direction.
Institutional Demand for Bitcoin Stays Strong Despite Market Fluctuations
Even with Bitcoin’s recent dip from $110,000 to $103,000 due to geopolitical tension, institutional inflows remain solid. Over $1.3 billion flowed into Bitcoin ETFs in just a week. Industry leaders like Michael Saylor and Bitwise’s Hunter Horsley continue to support BTC as a core investment, viewing it as a future rival to the $30 trillion treasury market.
Metaplanet’s strategy could redefine how companies approach Bitcoin. By using bond markets to finance BTC acquisitions, the firm offers a scalable model for future institutional crypto investments. If successful, it may set off a wave of similar moves from public companies worldwide.
Metaplanet now holds more Bitcoin than Coinbase and aims for 210,000 BTC by 2027, backed by a $210M bond strategy. Its stock surged 22%, reflecting investor confidence in its aggressive crypto vision.
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