Metaplanet’s Bitcoin Bet Pays Off: Now Holds More BTC Than Coinbase

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Metaplanet has cemented its position as a major Bitcoin holder, purchasing an additional 1,112 BTC ($117.2M) to reach 10,000 BTC—surpassing Coinbase Global’s holdings.

The strategic move, announced alongside a $210M bond issuance for further BTC buys, fueled a 17% intraday stock surge. Since January, Metaplanet’s shares have gained over 408%, highlighting investor optimism in its crypto-heavy approach.

With Bitcoin’s price stabilizing above $105K, analysts speculate whether Metaplanet’s aggressive accumulation will drive further gains.