{"id":31992,"date":"2025-06-16T08:31:42","date_gmt":"2025-06-16T08:31:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31992"},"modified":"2025-06-16T08:31:42","modified_gmt":"2025-06-16T08:31:42","slug":"metaplanet-overtakes-coinbase-with-10k-btc-becomes-no-9-bitcoin-holder","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31992","title":{"rendered":"Metaplanet Overtakes Coinbase With 10K BTC, Becomes No. 9 Bitcoin Holder"},"content":{"rendered":"<div>\n<p>Metaplanet (3350), the Japanese company that&#8217;s committed to buying bitcoin BTC, boosted its holdings to 10,000 BTC, overtaking crypto exchange Coinbase (COIN) to now own the ninth-largest stash among publicly traded companies.<\/p>\n<p>The Tokyo based company bought 1,112 BTC for $117.2 million at an average price of $105,435 per bitcoin, CEO <a href=\"https:\/\/x.com\/gerovich\/status\/1934445942536897019\">Simon Gerovich<\/a> posted on X. The purchase lifted its holdings above Coinbase&#8217;s 9,267, according to data on BitcoinTreasuries.com.<\/p>\n<p>As of June 16, Metaplanet\u2019s cumulative bitcoin investment stands at roughly $947 million, with an average acquisition cost of $94,697 per BTC. It started down the bitcoin accumulation path in April 2024.<\/p>\n<p>A standout metric in Metaplanet\u2019s performance is its bitcoin yield, a proprietary measure that tracks the percentage change in the ratio of total BTC holdings to fully diluted shares outstanding. The company has recorded strong figures in recent quarters:<\/p>\n<ul>\n<li>Q3 2024 (July to September): 41.7%<\/li>\n<li>Q4 2024 (October to December): 309.8%<\/li>\n<li>Q1 2025 (January to March): 95.6%<\/li>\n<li>Q2 2025 to date (April to June 16): 87.2%<\/li>\n<\/ul>\n<p>To fund additional BTC purchases, <a href=\"https:\/\/x.com\/Metaplanet_JP\/status\/1934416667418738774\">Metaplanet issued<\/a> $210 million in zero-percent ordinary bonds. Market response to the company\u2019s aggressive bitcoin strategy has been positive, with shares closing 26% higher on Monday, reaching 1,895 yen.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Metaplanet (3350), the Japanese company that&#8217;s committed to buying bitcoin BTC, boosted its holdings to 10,000 BTC, overtaking crypto exchange Coinbase (COIN) to now own the ninth-largest stash among publicly traded companies. The Tokyo based company bought 1,112 BTC for $117.2 million at an average price of $105,435 per bitcoin, CEO Simon Gerovich posted on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31992","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31992"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31992\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}