Japan's Metaplanet has officially surpassed Coinbase with a Bitcoin holding of 10,000 BTC. This milestone highlights the growing institutional interest in cryptocurrency.
Metaplanet's Achievement in Bitcoin
According to CEO Simon Gerovich, Metaplanet has acquired 1,112 BTC at $105,435 each, bringing its total holdings to 10,000 BTC. This move reflects the company's strategic direction in cryptocurrency investments.
Market Reaction and Stock Surge
Following the announcement, Metaplanet's shares surged by 17%, indicating strong investor confidence in the company's Bitcoin-oriented strategy. Metaplanet's shares have increased by over 408% since early 2025.
Future Plans of the Company
Metaplanet aims to reach 210,000 BTC by 2027, which would reinforce its standing in the cryptocurrency market. This strategy also highlights a broader shift in corporate Bitcoin holding strategies.
Metaplanet's outlook emphasizes the growing interest in corporate Bitcoin investments, potentially affecting market liquidity and demand for cryptocurrencies in the future.
