Metaplanet Overtakes Coinbase with 10,000 BTC Milestone in Bold Bitcoin Accumulation Strategy

In a landmark move, Metaplanet has surged past its 2024 Bitcoin accumulation target by purchasing an additional 1,112 BTC worth $117.2 million, bringing its total holdings to 10,000 BTC. This achievement not only cements its position among Bitcoin''s institutional elite but also surpasses Coinbase''s corporate treasury reserves. The Tokyo-based firm financed this acquisition through $210 million in zero-interest bonds, adopting a strategy reminiscent of MicroStrategy''s debt-driven Bitcoin accumulation. This bold step underscores Metaplanet''s confidence in Bitcoin''s long-term value and its commitment to leading the institutional adoption of digital assets.

Metaplanet Surpasses 10,000 BTC After Latest $117 Million Bitcoin Purchase

Metaplanet has cemented its position in Bitcoin''s institutional elite, acquiring an additional 1,112 BTC worth $117.2 million. This brings its total holdings to 10,000 BTC—a milestone originally targeted for 2024—and surpasses Coinbase''s corporate treasury stash.

The Tokyo-based firm funded the purchase through $210 million in zero-interest bonds, mirroring MicroStrategy''s debt-driven accumulation strategy. CEO Simon Gerovich confirmed an average entry price of $105,435 per BTC, just below Bitcoin''s $105,831 market price at announcement.

With ambitions to hold 210,000 BTC by 2027, Metaplanet''s aggressive treasury overhaul signals a broader corporate shift toward bitcoin as a core reserve asset. The move reflects growing institutional conviction in BTC''s long-term value proposition amid macroeconomic uncertainty.

Corporate Crypto Adoption Reaches Inflection Point as Major Players Integrate Blockchain

Cryptocurrency has transitioned from tech conference curiosity to boardroom imperative. The past month saw decisive moves by industry leaders: Coinbase embedded USDC payments directly into Shopify''s merchant checkouts, while PayPal launched a stablecoin on Stellar''s network. These aren''t speculative trials but production-grade implementations reshaping global commerce.

The Shopify integration represents a watershed moment for crypto in supply chains and retail UX. Meanwhile, PayPal''s on-chain infrastructure deployment demonstrates how established financial players are building rather than experimenting. Such developments confirm blockchain''s evolution from developer playground to operational advantage.

Metaplanet Surpasses Coinbase to Become 9th Largest Corporate Bitcoin Holder

Japanese investment firm Metaplanet has achieved its ambitious target of accumulating 10,000 BTC, surpassing Coinbase Global to claim the ninth position among publicly traded companies with the largest Bitcoin holdings. The Tokyo-listed company''s latest purchase of 1,112 BTC for $117.2 million at an average price of $105,435 per Bitcoin pushed its total stash to the milestone figure.

Metaplanet''s aggressive Bitcoin accumulation strategy, inspired by Michael Saylor''s approach, has yielded a 266.1% year-to-date return on its BTC holdings as of June 16, 2025. The firm now holds approximately $947 million worth of Bitcoin acquired at an average price of $94,697 per coin. This MOVE comes despite geopolitical tensions and market uncertainties, signaling strong institutional confidence in Bitcoin''s long-term value proposition.

The achievement positions Metaplanet ahead of crypto exchange Coinbase, which currently holds 9,267 BTC according to Bitcointreasuries.net data. The company has recently revised its target upwards, aiming to eventually hold over 210,000 BTC - a bold vision that could reshape corporate Bitcoin ownership rankings if realized.

CoinShares Files S-1 for Spot Solana ETF, SOL Price Targets $300

CoinShares has entered the race for a spot solana ETF, submitting its S-1 form to the U.S. SEC. The filing joins seven other issuers, including Fidelity and Grayscale, in a move that has reignited bullish sentiment for SOL. Analysts project a potential surge to $300 upon approval, with one noting a technical pattern targeting $298.

The filing outlines CoinShares Co as the sponsor, with Coinbase Custody and BitGo Trust serving as custodians. A portion of the fund’s SOL holdings will be staked, though critical details like fees and tickers remain undisclosed. Bloomberg analysts confirmed staking provisions but anticipate a revised filing to address omissions.

SOL’s price recovery has spilled over to Solana-based tokens, reflecting market optimism. VanEck, 21Shares, and Franklin Templeton are among the other contenders vying for SEC approval, signaling growing institutional interest in Solana’s ecosystem.

Crypto Markets Rally on Institutional Developments as BTC Nears All-Time High

Bitcoin surged past $108,000 amid bullish institutional sentiment, climbing 3.1% in 24 hours as traders shifted focus from geopolitical risks to crypto-specific catalysts. The CoinDesk 20 index gained 4.3%, fueled by XRP''s 6-7% rally on ETF speculation and Chainlink''s parallel ascent.

Traditional markets mirrored the risk-on mood, with the S&P 500 and Nasdaq advancing 0.9% and 1.4% respectively. Crypto equities outperformed sharply - Coinbase jumped 7.7% while Circle soared 13%, though MicroStrategy notably lagged with a 0.2% decline.

The rally found fundamental support in JPMorgan''s trademark filing for crypto-related services, signaling deepening institutional engagement. Market structure appears increasingly resilient as capital rotates from SAFE havens like gold, which dropped 1.5%, back into digital assets.