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Japanese Firm Metaplanet Surpasses Coinbase With 10,000 BTC in Treasury Holdings

June 16, 2025
in Crypto News
Reading Time: 4 mins read
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Japanese Firm Metaplanet Surpasses Coinbase With 10,000 BTC in Treasury Holdings
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  • Metaplanet has amassed 10,000 BTC in six months, making it the largest corporate Bitcoin holder ahead of Coinbase.
  • Its share gained 24% following the recent acquisition of BTC 117M and has the potential to grow more based on its 555 Million Plan.

Metaplanet is now the biggest corporate Bitcoin owner in Asia as it has purchased 1,112 BTC valued at $117.2 million, thus bumping its total holdings to 10,000 BTC. The company, listed in Tokyo, achieved this milestone after only half a year in 2025, way earlier than its previous deadline at the end of the year.

Metaplanet has acquired 1112 BTC for ~$117.2 million at ~$105,435 per bitcoin and has achieved BTC Yield of 266.1% YTD 2025. As of 6/16/2025, we hold 10,000 $BTC acquired for ~$947 million at ~$94,697 per bitcoin. $MTPLF pic.twitter.com/8nmQ2RaOIF

— Simon Gerovich (@gerovich) June 16, 2025

The news saw the Tokyo Stock Exchange jump 24% to close to 1,896 JPY after the announcement. The shares have surged 425% year-to-date and 2,000 percent in the past 12 months. The U.S.-listed shares of MTPLF have also seen a growth of more than 400% in 2025, with the stock already changing hands at more than $70 and most analysts increasing their target price to as high as $63 in case the company manages to execute its 555 Million Plan within 60 trading sessions left.

Here’s some more napkin math to consider.

If metaplanet completes the 555M plan in 60 trading days (3 months), you’re looking at a $63/share.

How does this compare with your math? @ActuallyClimber pic.twitter.com/fp7rRMQ7nO

— Anon LaserEyes (@AnonLaserEyes) June 11, 2025

This new acquisition has been funded by a zero-interest bond issue of 210 million dollars. Metaplanet clarified that all the proceeds would go toward increasing its Bitcoin treasury. The firm had invested $947 million in BTC as of June 16 and had an average cost basis of $94,697 per coin. The returns on its BTC portfolio up to date are 266.1%.

555 Million Plan Sets Target of 30,000 BTC by Year-End

Metaplanet’s aggressive accumulation strategy is based on its newly released 555 Million Plan. It aims to acquire 30,000 BTC before the end of 2025. As part of the investment, the company will sell 555 million stocks to raise 5.4 billion dollars to buy 1 percent of the total Bitcoin supply by 2027.

CEO Simon Gerovich referred to Bitcoin as a global capital repricing mechanism and updated his confidence in the digital asset as a long-term store of value, just like Metaplanet Inc. The firm has surpassed Coinbase and has 9,267 BTC by 733 coins.

Institutional interest is robust even though Geopolitical risk has dropped the price in the near term, such as the conflict between Iran and Israel. The Bitcoin spot ETF has experienced net inflows totaling 1.3 billion over the last week. Strategy co-founder Michael Saylor also has affirmed that his firm is continuing to buy more, a positive indicator of institutional interest.

Bitcoin Price Targets $114K as Bullish Patterns Strengthen

Bitcoin is consolidating at nearly $106,000 following the formation of a bullish cup and handle pattern. Market analysts have found a neckline at the price of 111000, and a breakout may drive the prices up to the price of 114000. Previous experience demonstrates that such similar trends can lead to substantial price rallies.

Source:X

On-chain data provided by CryptoQuant confirms the momentum. The Spot Taker cumulative buy indicator, CVD, has a noticeably positive swing, indicating heavy buy-side pressure. The steady green lights show it is prevailing taker buys akin to the earlier bull rallies in 2021 and 2023.

The bullish case has been furthered by a confirmed Golden Cross, or the 50-day simple moving average crossing above the 200-day. All these crossovers since 2023 have occurred before gains of between 49% and 125%. The current projection by analysts involves Bitcoin potentially hitting between $152,000 and $229,000 should trends persist.

Source:X


Credit: Source link

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