Japanese tech firm Metaplanet has made headlines after purchasing 1,234 more Bitcoin (BTC), bringing its total holdings to 12,345 BTC. This latest move pushes the company ahead of Tesla, which currently holds 11,509 BTC, according to data from BitcoinTreasuries.NET.
Metaplanet’s announcement, disclosed through an official filing, confirms its position as Japan’s largest corporate Bitcoin treasury and now the seventh-largest globally. The purchase was made at an average price of 15.6 million yen ($108,000) per Bitcoin, closely matching the current market price.
Bold Vision: The “555 Million Plan”
Metaplanet’s buying spree is part of its ambitious “555 Million Plan”, which aims to massively increase its Bitcoin reserves. The plan sets a bold target: to acquire 201,112 BTC by 2027, which would require an estimated $21 billion at today’s prices.
This recent purchase follows the company’s announcement on Tuesday, where it revealed that the board had approved an additional capital contribution of up to $5 billion to support the strategy. While Metaplanet hasn’t yet shared how much has been raised, the company stated that this funding will “significantly accelerate” its Bitcoin acquisition goals.
Previously, Metaplanet had set a 2026 target of 100,000 BTC, but the revised goal suggests a shift toward becoming a global Bitcoin giant, potentially rivalling top holders like MicroStrategy, which currently leads all public companies in BTC holdings.
Corporate Bitcoin Race Heats Up
Metaplanet isn’t alone in boosting its Bitcoin treasury. Several global firms are following suit, expanding their crypto exposure as confidence in Bitcoin continues to grow:
- Nakamoto Holdings, a Bitcoin-focused company, recently secured $51.5 million to increase its BTC reserves.
- Parataxis Holdings has launched a Bitcoin treasury platform in South Korea.
- Norwegian crypto exchange Block Exchange announced its own BTC treasury in early June. Following the news, its stock surged by 138% in a single day.
- K33, another Norwegian firm, plans to raise at least $8.9 million to purchase up to 1,000 BTC.
- In France, The Blockchain Group added 182 BTC (worth $19.6 million) to its treasury, bringing its total to 1,728 BTC.
This trend reflects a growing belief among companies that Bitcoin is a strategic asset and a hedge against inflation, weakening fiat currencies, and economic instability.
What’s Next for Metaplanet?
With 12,345 BTC in its wallet, Metaplanet is now only 157 BTC away from overtaking CleanSpark, a major Bitcoin mining firm that holds 12,502 BTC. If Metaplanet’s aggressive buying continues, it could climb further in the rankings very soon.
The company’s strategy appears well-aligned with the global institutional shift towards digital assets. By using large capital infusions to fund Bitcoin acquisitions, Metaplanet is not only reinforcing its position in the crypto market but also building investor confidence in its long-term growth.
Its forward-looking approach may also inspire other Asian companies to explore similar treasury strategies, especially amid rising regulatory clarity and growing public interest in Bitcoin as a store of value.
Metaplanet’s move to surpass Tesla in Bitcoin holdings marks a turning point in the corporate adoption of cryptocurrency. Backed by billions in funding and a clear roadmap, the company is positioning itself to become a major force in the Bitcoin space.
As Bitcoin’s price remains relatively stable near all-time highs and more companies explore digital assets, Metaplanet’s strategy could set the tone for a new wave of institutional investment in crypto, one where Bitcoin becomes a permanent fixture on corporate balance sheets.
