Metaplanet just bought $108M in Bitcoin — Now it’s bigger than Tesla, Coinbase!
2025-06-30 15:22:30
Main Idea
Metaplanet has significantly increased its Bitcoin holdings to 13,350 BTC, surpassing major companies like Tesla and Coinbase, and aims to reach 30,000 BTC by 2025.
Key Points
1. Metaplanet added 1,005 BTC ($108.1M) on 30 June, bringing its total holdings to 13,350 BTC, surpassing Tesla, Coinbase, and Galaxy.
2. The firm is now among the top five global Bitcoin treasury firms and is over 50% away from its 2025 target of 30,000 BTC.
3. Metaplanet raised 30 billion JPY ($208M) through a bond sale, with part of the funds allocated to clear debt and the rest for further Bitcoin purchases.
4. Following the latest Bitcoin purchase, Metaplanet's stock surged by 10% on 30 June, with monthly returns hitting 45% in June.
5. Bitcoin's price rallied by about 3% over the same period, while Metaplanet's stock performance showed significant gains.
Description
A 10% pump followed its latest BTC purchase.
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