Japan’s answer to MicroStrategy has just hit a major milestone. Metaplanet has acquired 10,000 BTC—achieving its 2025 target 18 months early. The firm now ranks as the 9th-largest public Bitcoin holder, surpassing Coinbase’s 9,267 BTC.

Breaking Down the Latest Bitcoin Purchase
In its most recent move:
✅ Bought 1,112 BTC for $117.2 million (~$105,435/BTC)
✅ Total holdings: 10,000 BTC ($947M at ~$94,697/BTC average)
✅ Year-to-date yield: 266.1% (as of June 16, 2025)
This follows a 1,088 BTC purchase just two weeks ago, showing Metaplanet’s aggressive accumulation strategy.
How Metaplanet Funds Its Bitcoin Spree
To fuel its BTC buying, the company:
🔹 Issued $210M in 0% interest bonds (maturing Dec. 2025)
🔹 Plans to raise $5.4B via 555M new shares
🔹 Aims for Asia’s largest Bitcoin-focused equity raise
Ambitious New Targets: 1% of All Bitcoin
Metaplanet has dramatically increased its goals:
📈 2025 Target: 30,000 BTC (up from 10,000)
📈 2026 Target: 100,000 BTC (previously 21,000)
📈 2027 Target: 210,000 BTC (1% of total supply)
Risks of Aggressive Bitcoin Accumulation
While bullish, experts warn:
⚠️ Leverage risks (Sygnum flags potential insolvency)
⚠️ Market centralization concerns
⚠️ BTC price volatility could impact strategy
Yet, Metaplanet’s moves reflect growing institutional Bitcoin adoption, with more firms treating BTC as a reserve asset.