Metaplanet Overtakes Coinbase to Become the Ninth-Largest Publicly Traded BTC Holder

Metaplanet (3350), the Japanese Company that is engaged to buy bitcoin

He promised his state at 10,000 BTC, Oven swaping the exchange Coinbase (Currency) to own the visual novenships between advertising business.

Tokyo based company bought 1.112 btc for 117.2 million in a average price of $ 105.435 per bitcoin, CEO Simon gerovich Submitted on X. Purchase lifted their above 9.267 Holds, depending on the data on bitcointerTreasuries.com.

As for June 16, Metaplanet Bitcoin investment at approximately $ 947 million, with a $ 9.697 average acquisition for BTC. Began the bitcoin accumulation road in the 2024 April.

The metric of stretching in meththal of meteplanet is their bitcoin performance, an earliest measure that the percentage of the percentage of the total btc btc’s total ratio. The company recorded the strong figures in recent quarters:

• Q3 2024 (July in September): 41.7%
• Q4 2024 (Oct. December): 309.8%
• Q1 2025 (January to March): 95.6%
• Q2 2025 on date (April to June 16): 87.2%

To fund additional BTC purchases, Metaplanet issued $ 210 million in zero-per cent ordinary ties. The market response to the aggressive bitcoin strategy, with the purchase of closing 26% superior on Monday, reached 1.895 yen.