Metaplanet Surpasses Coinbase with 10,000 BTC, Becoming Ninth-Largest Public Bitcoin Holder

Metaplanet

Japanese hospitality firm Metaplanet has officially joined the ranks of major Bitcoin holders, overtaking Coinbase after a bold acquisition strategy pushed its BTC holdings to 10,000.

Aggressive Accumulation Pushes Metaplanet Into the Global Spotlight

Tokyo-based Metaplanet has acquired an additional 1,112 BTC for $117.2 million, bringing its total Bitcoin stash to a staggering 10,000 BTC. Purchased at an average price of $105,435 per coin, the latest investment brings the firm’s total BTC holdings to approximately $947 million. With this move, Metaplanet has overtaken Coinbase to become the ninth-largest publicly traded holder of Bitcoin.

Source: Metaplanet

The firm’s aggressive strategy is part of a broader trend of institutional Bitcoin adoption. Over 150 publicly listed companies globally now collectively hold more than $100 billion in BTC, signaling a deepening commitment to crypto as a corporate treasury asset.

Soaring Market Cap Reflects Bitcoin Strategy Success

Metaplanet’s stock has seen explosive growth in tandem with its Bitcoin accumulation. The company’s market value surpassed ¥1 trillion (around $6.9 billion) on Monday, with shares surging 26% in a single day. Over the past year, Metaplanet’s stock has soared by more than 2,000%, outperforming major Japanese firms including chipmaker Kioxia Holdings.

The firm’s Bitcoin yield—measuring growth in BTC holdings relative to fully diluted shares—has also been notable. It registered 41.7% in Q3 2024, an astonishing 309.8% in Q4 2024, followed by 95.6% in Q1 2025, and 87.2% so far in Q2 2025.

Also Read: Metaplanet Raises $5.4 Billion to Buy 210,000 Bitcoin by 2027 in Bold Crypto Strategy

Zero-Interest Bonds Fuel Further BTC Expansion

To continue expanding its BTC reserves, Metaplanet recently issued $210 million in zero-percent ordinary bonds. This move underscores the company’s commitment to Bitcoin as a long-term store of value and strategic financial asset.

With Bitcoin trading at $107,032 at press time—up 1.8% in 24 hours—Metaplanet’s latest acquisition signals strong corporate confidence in BTC’s potential. As institutional adoption ramps up, Metaplanet’s rise may inspire other global firms to follow suit.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses