Monday’s twin announcements from Metaplanet—a 1,112 BTC purchase and $210M bond issuance for more—have redrawn the institutional Bitcoin map. By hitting 10,000 BTC, the firm now eclipses Coinbase’s corporate holdings.
The market reaction was immediate: a 17% stock surge extended Metaplanet’s staggering 408% YTD rally. Notably, the bonds mature in December 2025, suggesting a multi-year Bitcoin accumulation timeline.
As traditional firms like MicroStrategy dominate headlines, Metaplanet’s ascent proves mid-sized players can still move markets—and reap outsized rewards.
