Giant Company On Track to Become the New MicroStrategy! Announces $210 Million Bitcoin (BTC) Move, Leaves Coinbase Behind!

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Japanese investment giant Metaplanet Inc., which has added Bitcoin to its reserve assets and is on its way to becoming Asia’s MicroStrategy, announced that it has made a new Bitcoin (BTC) purchase.

Accordingly, the company announced that it purchased another 1,112 BTC, increasing its total assets to 10,000 BTC.

Metaplanet CEO Simon Gerovich shared on his X account that they purchased an additional 1,112 BTC at an average price of $105,435 per Bitcoin.

“Metaplanet purchased 1112 BTC for approximately $117.2 million at $105,435 per Bitcoin, generating a BTC Return of 266.1% in 2025 YTD.

As of 06/16/2025, we hold 10,000 BTC purchased for approximately $947 million at $94,697 per Bitcoin.

With the latest purchase, the company’s total assets have increased to 10,000 BTC, surpassing the amount held by Coinbase Global.

With the recent Bitcoin purchase, Metaplanet shares have also risen by more than 17%.

According to The Block, Metaplanet also announced that it decided to issue direct bonds worth a total of $210 million to its fund called EVO FUND at its board meeting on June 16, 2025.

Accordingly, the proceeds will be used entirely to purchase Bitcoin.

Metaplanet, which began its Bitcoin buying strategy in April 2024, announced earlier this month that it aims to hold 1% of the total Bitcoin supply, stating that it has a goal of holding more than 210,000 BTC by the end of 2027.

*This is not investment advice.

Continue Reading: Giant Company On Track to Become the New MicroStrategy! Announces $210 Million Bitcoin (BTC) Move, Leaves Coinbase Behind!

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