{"id":278406,"date":"2025-06-16T12:06:33","date_gmt":"2025-06-16T12:06:33","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/16\/japans-metaplanet-hits-10000-bitcoin-overtakes-coinbase\/"},"modified":"2025-06-25T17:08:05","modified_gmt":"2025-06-25T17:08:05","slug":"japans-metaplanet-hits-10000-bitcoin-overtakes-coinbase","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/16\/japans-metaplanet-hits-10000-bitcoin-overtakes-coinbase\/","title":{"rendered":"Japan&#8217;s Metaplanet Hits 10,000 Bitcoin, Overtakes Coinbase"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div data-td-block-uid=\"tdi_61\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/metaplanet\">Metaplanet<\/a> has acquired an additional 1,112 Bitcoin for $117.2 million, bringing its total holdings to 10,000 BTC and overtaking Coinbase to become the ninth-largest publicly traded holder of Bitcoin, as corporate Bitcoin adoption continues to accelerate globally.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/metaplanet\">The Tokyo-based company<\/a> purchased the Bitcoin at an average price of $105,435 per coin. The acquisition brings Metaplanet\u2019s total investment in Bitcoin to approximately $947 million, with an average cost basis of $94,698 per BTC.<\/p>\n<p>The pace of corporate Bitcoin accumulation has reached unprecedented levels. What started with Strategy has evolved into a global phenomenon, with over 150 public companies now holding Bitcoin worth more than $100 billion collectively.<\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/metaplanet\">Metaplanet\u2019s<\/a> market value has surged alongside its Bitcoin strategy, exceeding \u00a51 trillion ($6.9 billion) on Monday as shares jumped 26%. The company\u2019s stock has soared more than 2,000% over the last year, outperforming traditional Japanese blue-chips, including chipmaker Kioxia Holdings.<\/p>\n<p>The company\u2019s Bitcoin yield \u2013 measuring the change in holdings relative to fully diluted shares \u2013 has shown strong quarterly performance, recording 41.7% in Q3 2024, 309.8% in Q4 2024, 95.6% in Q1 2025, and 87.2% in Q2 2025 to date.<\/p>\n<p>To fund further Bitcoin purchases, Metaplanet <a href=\"https:\/\/contents.xj-storage.jp\/xcontents\/33500\/776f4861\/53c0\/423d\/827a\/ffa677c53876\/140120250613588922.pdf\" target=\"_blank\" rel=\"noopener\">recently issued<\/a> $210 million in zero-percent ordinary bonds.<\/p>\n<p>At press time, Bitcoin trades at $107,032, up 1.80% over the past 24 hours, as markets digest the implications of growing corporate adoption and <a href=\"https:\/\/bitcoinmagazine.com\/tags\/metaplanet\">Metaplanet\u2019s<\/a> aggressive accumulation strategy.<\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/japans-metaplanet-hits-10000-bitcoin-overtakes-coinbase\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Metaplanet has acquired an additional 1,112 Bitcoin for $117.2 million, bringing its total holdings to 10,000 BTC and overtaking Coinbase to become the ninth-largest<\/p>\n","protected":false},"author":1,"featured_media":278407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/278406"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=278406"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/278406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/278407"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=278406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=278406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=278406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}