Metaplanet has acquired a further 1,112 Bitcoin for $117.2 million, bringing its complete holdings to 10,000 BTC and overtaking Coinbase to grow to be the ninth-largest publicly traded holder of Bitcoin, as company Bitcoin adoption continues to speed up globally.
The Tokyo-based firm bought the Bitcoin at a mean value of $105,435 per coin. The acquisition brings Metaplanet’s complete funding in Bitcoin to roughly $947 million, with a mean price foundation of $94,698 per BTC.
The tempo of company Bitcoin accumulation has reached unprecedented ranges. What began with Technique has advanced into a worldwide phenomenon, with over 150 public firms now holding Bitcoin price greater than $100 billion collectively.
Metaplanet’s market worth has surged alongside its Bitcoin technique, exceeding ¥1 trillion ($6.9 billion) on Monday as shares jumped 26%. The corporate’s inventory has soared greater than 2,000% during the last yr, outperforming conventional Japanese blue-chips, together with chipmaker Kioxia Holdings.
The corporate’s Bitcoin yield – measuring the change in holdings relative to totally diluted shares – has proven robust quarterly efficiency, recording 41.7% in Q3 2024, 309.8% in This autumn 2024, 95.6% in Q1 2025, and 87.2% in Q2 2025 to this point.
To fund additional Bitcoin purchases, Metaplanet not too long ago issued $210 million in zero-percent abnormal bonds.
At press time, Bitcoin trades at $107,032, up 1.80% over the previous 24 hours, as markets digest the implications of rising company adoption and Metaplanet’s aggressive accumulation technique.