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Home»Bitcoin»Metaplanet Pass Coinbase as 7th largest cockroach holder
Bitcoin

Metaplanet Pass Coinbase as 7th largest cockroach holder

June 17, 2025No Comments
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Metaplanet’s latest purchase of Bitcoin pushed its total assets in front of those of Coinbase, preparing the land to exceed Tesla and Hut 8.

The Japan -based investment company said earlier that it had acquired an additional 1,112 BTC for around $ 117 million, which brought its total to 10,000 pieces to become the 7th largest BTC holder in the world.

Metaplanet is now only 264 BTC from the Canadian mining firm Hut 9 and ending on the 11,509 BTC held by Tesla by Elon Musk, according to data Bitbo. Coinbase holds 9,267 bitcoin.

The main strategy of company Bitcoin holder (formerly Microstrategy) still retains a dominant position in the classification with its reserves of 582,000 BTC. The executive president of the company Michael Saylor subject to During another purchase, which, if the history is repeated, will be announced later in the day.

Bitcoin

Metaplanet targets 210k BTC by 2027, or 1% of the total bitcoin offer

The average purchase price of the last acquisition was about $ 105,435 per Bitcoin, said Metaplanet CEO Simon Gerovich, in a Post X today. Overall, BTC 10K holders of the company were bought for around $ 947 million at around $ 94,697 per room, he added.

Metaplanet aims to contain 210K BTC by the end of 2027, or 1% of its total offer. In order to achieve this objective, the company will have to buy another 200K Bitcoin in the next 30 months.

Metaplanet acquired 1112 BTC for around $ 117.2 million to ~ ~ $ 105,435 per Bitcoin and reached BTC yield of 266.1% YTD 2025. At 16/06/2025, we hold 10,000 $ BTC Acquired for around $ 947 million at around $ 94,697 per Bitcoin. $ MTPLF pic.twitter.com/8nmq2raoif

– Simon Gerovich (@gerovich) June 16, 2025

Metaplanet’s shares pump 25% after the last purchase of BTC

Investors reacted positively to the last acquisition of the Metaplanet BTC, the company’s share price by pumping more than 25% today, according to to Google Finance.

This added to the winner of the company’s up -to -date year, which amounts to more than 430% at 2 h 29 hne. He also pushed the total gain in the past year to more than 2,029%, after the company began to accumulate Bitcoin in April of last year.

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