Metaplanet Surpasses Coinbase in Bitcoin Holdings Milestone
- Main event: Metaplanet surpasses Coinbase in Bitcoin holdings.
- Surpassed target of 10,000 BTC.
- Shares increased by 22% following the announcement.
Metaplanet, a Japanese investment firm, announced it had reached its Bitcoin holdings target by acquiring 10,000 BTC, surpassing Coinbase Global. The purchase was confirmed by CEO Simon Gerovich on his official account on Twitter on June 11, 2025.
Metaplanet’s acquisition highlights institutional Bitcoin interest and causes market shifts. Its aggressive buying strategy positions it prominently among major Bitcoin holders, boosting investor confidence.
Metaplanet purchased 1,112 BTC, achieving a 10,000 BTC milestone, according to CEO Simon Gerovich’s official announcement on Twitter. This move makes Metaplanet the ninth-largest holder in the public market and highlights Japan’s institutional adoption.
“With today’s purchase of 1,112 BTC, Metaplanet has reached 10,000 Bitcoin – a milestone for our company and for institutional adoption in Japan.” — Simon Gerovich, CEO, Metaplanet
Following the acquisition, Metaplanet’s shares increased by 22%. The company had earlier issued Series 18 bonds, raising $210 million earmarked for Bitcoin purchases, underscoring its strategic commitment to cryptocurrency investments.
The market reacted positively to Metaplanet’s move as shares doubled over the past month. This mirrors previous market responses to similar strategies by other firms, signaling potential bullish trends in Bitcoin’s institutional adoption.
Historically, large-scale Bitcoin purchases have often led to increased market confidence among institutional buyers. Metaplanet’s alignment with this trend displays its strategic positioning within the global Bitcoin ecosystem and affects its market presence significantly.
Insights indicate Metaplanet’s strategic decision may encourage further institutional participation in Bitcoin markets. Financing trends and analysis suggest ongoing investment strategies could influence Bitcoin’s price stability and adoption in Asia. The involvement of substantial institutional players is expected to drive technological and market developments.
