In its latest bitcoin acquisition act, Japanese investment firm Metaplanet has hit its target of 10,000 Bitcoin (BTC) – a goal it set for 2025 but achieved in just six months.
With this latest purchase of 1,112 BTC worth approximately $117.2 million, the company has now surpassed U.S.-based giant Coinbase, which holds around 9,267 BTC, and is now the 9th largest public bitcoin holder in the world. CEO Simon Gerovich announced:
“Metaplanet has acquired 1,112 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.”
Metaplanet started buying bitcoin in April 2024. Since then it has built its treasury through a series of purchases. The company’s bitcoin-first strategy includes raising capital through bonds and equity to fund more bitcoin buying.
Just before hitting 10,000 BTC, the Japanese firm announced the issuance of $210 million in zero-interest bonds. These bonds, the 18th Series, were issued to EVO FUND and mature on December 12, 2025. The company said these funds will be used to buy more bitcoin.
This latest purchase was part of the “210 Million Plan” which has helped Metaplanet raise huge sums to buy more bitcoin.
As part of this plan, the company also did a ¥770.9 billion (~$5.4 billion) equity raise through the issuance of 555 million moving strike warrants, the largest ever public capital raise for bitcoin in Asia.
The market is responding well to the firm’s strategy. On the day of the announcement, its stock rose 22% to close at 1,895 yen. Year-to-date, Metaplanet’s stock is up 430%, outperforming many major Japanese companies.
Metaplanet’s performance is also supported by its proprietary metric called “BTC Yield”—a measure of the increase in BTC holdings relative to the company’s fully diluted shares. BTC Yield is 266.1% YTD and is creating shareholder value.
With the 2025 goal achieved, Metaplanet is going even bigger. The company is now targeting 210,000 BTC by the end of 2027 which is 1% of the total bitcoin supply. To do that, they need to buy 200,000 more BTC in the next 18 months.
The phases of the new targets include accumulation of 30,000 BTC by the end of 2025, and 100,000 BTC by the end of 2026.
Metaplanet is on the same path as Strategy, the U.S. company led by Michael Saylor that started corporate bitcoin accumulation.
Metaplanet’s big moves come as more companies worldwide are adding bitcoin to their corporate treasury.
Over 150 public companies now hold over 800,000+ BTC, worth over $100 billion. Recent additions include Mercurity Fintech Holding and K33, both of which have announced new bitcoin-focused initiatives.
