• Metaplanet outnumbers Coinbase by 10,000 BTC.
• The company issued $210 million in bonds to finance more Bitcoin acquisitions.
• The company aims to acquire 210,000 BTC by 2027.

Metaplanet, an investment business based in Japan, has surpassed Coinbase Global in terms of Bitcoin holdings, reaching a significant milestone of 10,000 BTC. On June 16, 2025, the company released news that it acquired another 1,112 BTC (at a price of $117.2 million) and is now holding 10,000 BTC. It is now the seventh-largest publicly traded Bitcoin holder in the world, thanks to Metaplanet’s acquisition of Bitcoin.

The investment interest in the firm is a bullish 430 percent increase in the stock to date since the aggressive Bitcoin purchase approach by the firm. Metaplanet treasury currently contains Bitcoin to the tune of around 759 million, and is even ahead of Coinbase, a large cryptocurrency exchange.

Strategic Bond Issuance Fuels Bitcoin Purchases

Metaplanet authorized a bond issue of 210 million dollars to finance the purchase of Bitcoin. The money will be used to buy more BTC, and the company plans to possess 210,000 BTC, which is about 1 percent of the total supply of BTC, by 2027. The zero-interest bonds will help make the capital efficient, which will make Metaplanet a tax-efficient Bitcoin investment vehicle for Japanese investors.

After the announcement, the company advanced on its stock by more than 20 percent, which is an indication of the acceptability of its strategy in the market. The strategy of Metaplanet is similar to that of MicroStrategy, creating a large Bitcoin treasury using capital markets.

The recent acquisition further supports the plan of Metaplanet to have 10,000 BTC by the end of 2025, which it has already realized six months earlier. This milestone shows that the company believes in Bitcoin as a fundamental treasury asset.

Why Metaplanet’s Bitcoin Bet Matters

The firm has proven that its capital market strategy is effective by overtaking Coinbase, which has a balance of 9,267 BTC. The company is investing in Bitcoin because it considers the cryptocurrency a hedge against inflation and devalued currency, which many other institutional investors share, such as MicroStrategy and Tesla.

This company has succeeded because of innovative financing, which has raised billions to purchase bitcoin through issuing bonds and stock. The plan has seen it earn 266 percent on its investments in Bitcoin, bringing its worth in the market to 1 trillion yen.

The strategy of Metaplanet differs from that of the conventional corporate treasuries, which tend to focus on cash or bonds. This investment in Bitcoin will make the company a pioneer in investment models in the corporate sector in Japan, which is gradually adopting cryptocurrency.

The long-term forecast of the firm is to possess 100,000 BTC by 2026, with the intention of expanding to 210,000 BTC by 2027. This vision places Metaplanet in a position where it could yield the second-largest company holding Bitcoin in the world, which is in place after MicroStrategy.

The emergence of Metaplanet underscores the increasing influence of Japan on the corporate use of Bitcoin. This has made the firm attractive to foreign investors, and it is seen as a role model to other firms that want to diversify their treasuries by using cryptocurrency. The 5.4 billion capital raise, earlier announced in June 2025, only reiterates that Metaplanet is adamant in pursuing this strategy.

The stable price of Bitcoin and its increasing acceptance among institutions have given Metaplanet more confidence. The market dynamics of the cryptocurrency, which is a fixed supply of 21 million coins, make it a suitable store of value for corporations.