Metaplanet, a Tokyo-listed Japanese investment firm, has officially overtaken Tesla to become one of the top corporate holders of Bitcoin (BTC). The firm’s latest acquisition of 1,234 BTC for approximately $133 million now brings its total holdings to 12,345 BTC, worth about $1.3 billion at current market prices.
$515 Million War Chest Fuels Aggressive Accumulation
This landmark purchase came just one day after Metaplanet announced a massive ¥74.9 billion ($515 million) capital raise through stock issuance. The raise is part of the company’s bold “555 million plan,” which aims to secure 1% of Bitcoin’s total supply by the end of 2027.
The firm’s average purchase price for its entire BTC stash now stands at $98,303 per bitcoin.
With this acquisition, Metaplanet now holds more Bitcoin than Tesla, which holds 11,509 BTC, placing the Japanese firm ahead in the global corporate crypto race.
Bitcoin Leaderboard: Metaplanet Joins the Elite
According to BitcoinTreasuries.net (pending update), Metaplanet now ranks as the fifth-largest corporate holder of Bitcoin, trailing only:
- MicroStrategy (Strategy) – 592,345 BTC
- Marathon Digital (MARA)
- Galaxy Digital
- Riot Platforms
Metaplanet’s holdings place it among crypto-focused giants, despite only starting its Bitcoin accumulation in April 2024.
Market Reaction and Stock Performance
Despite the Bitcoin accumulation headlines, Metaplanet’s stock dropped 0.94% as of Thursday noon in Japan. Over the past five trading days, the stock has fallen 12.2%, although it remains up a staggering 353.5% year-to-date.
Analysts suggest the dip may be short-term profit-taking or caution over exposure to crypto volatility.
Looking Ahead: 210,000 BTC Target by 2027
Earlier in June, Metaplanet revised its long-term Bitcoin goal, now aiming to hold over 210,000 BTC by the end of 2027. If successful, this would potentially position the firm as a rival to MicroStrategy, the current industry leader.
Metaplanet’s ultra-bullish approach is part of a growing trend among corporates to use BTC as a reserve asset in place of fiat.
Conclusion: Japan’s Metaplanet Redefines the Corporate Crypto Playbook
Metaplanet’s milestone signals a global shift in how companies view digital assets. With an ambitious roadmap, strategic capital deployment, and growing Bitcoin reserves, the firm has joined the elite ranks of corporate BTC holders — pushing Asia onto the crypto treasury map in a big way.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.