Metaplanet Expands Bitcoin Holdings, Nearing Tesla’s Reserves
Metaplanet, Japan’s leading corporate Bitcoin treasury, has bolstered its Bitcoin (BTC) reserves with a strategic purchase of 1,111 BTC. This acquisition brings Metaplanet‘s total holdings to 11,111 BTC – just 398 BTC behind Tesla‘s current treasury of 11,509 BTC. The ¥17.26 billion ($117 million) investment reflects growing corporate confidence in Bitcoin as a reserve asset.
Strategic Bitcoin Accumulation Continues
While Bitcoin currently trades slightly below Metaplanet’s $105,500 average purchase price, the company maintains a favorable $95,560 cost basis. This follows Metaplanet’s recent acquisition of 1,112 BTC, which first pushed its reserves past the 10,000 BTC threshold.
Climbing the Corporate Bitcoin Rankings
Metaplanet now ranks as the eighth-largest corporate Bitcoin holder worldwide. After briefly slipping to ninth position when Hut 8 increased its holdings, Metaplanet regained its standing. With CleanSpark (12,502 BTC) and Tesla ahead in the rankings, Metaplanet’s aggressive accumulation strategy suggests it may soon surpass Tesla’s position.
Corporate Bitcoin Adoption Gains Momentum
Metaplanet’s moves mirror a broader trend of public companies establishing Bitcoin treasuries. Recent activity from Nakamoto Holdings, Parataxis Capital Management, and Norway’s Block Exchange demonstrates increasing institutional interest. According to BitcoinTreasuries.NET, 237 public companies now hold over 832,000 BTC collectively – representing nearly 4% of Bitcoin’s total supply.
