Metaplanet Expands Bitcoin Holdings by 1,234 BTC, Surpasses Tesla

Metaplanet, a Tokyo-based investment firm, has recently expanded its Bitcoin holdings by acquiring an additional 1,234 BTC, valued at approximately $133 million. This purchase brings the company's total Bitcoin holdings to 12,345 BTC, surpassing Tesla's holdings of 11,509 BTC and positioning Metaplanet as the seventh-largest corporate Bitcoin holder globally. The acquisition was conducted by Metaplanet Treasury Corp, the company's unit based in the United States.

The average price per BTC for this acquisition was approximately $107,557, totaling around $1.2 billion. This aggressive accumulation approach to Bitcoin ownership is part of Metaplanet's broader strategy to become a significant player in the Bitcoin market. The company aims to acquire 30,000 BTC by the end of 2025, 100,000 BTC by 2026, and ultimately 210,000 BTC by 2027, which would represent 1% of the total finite supply of 21 million BTC. This goal aligns with the strategy of Strategy, the largest corporate BTC owner with over 592,300 BTC.

To fund these ambitious targets, Metaplanet secured $515 million through the sale of 54 million shares in partnership with EVO FUND, an institutional investor. This funding is part of the company's “555 Million Plan,” which aims to raise $5.4 billion and purchase 201,112 BTC by 2027. The plan, approved by the board, will provide the U.S. subsidiary with $5 billion to use toward future Bitcoin purchases. Metaplanet's shares, traded on the Tokyo Stock Exchange as MTPLF, have seen a significant increase of 353.5% over the year, although they fell by 0.94% on the announcement day of the acquisition.

Metaplanet's CEO, Simon Gerovich, emphasized the company's long-term vision, stating that their Bitcoin strategy converts capital into an immune asset optimized for shareholder returns. The firm's Bitcoin yield, which measures BTC per fully diluted share, was 112.2% in Q2 2025, up from 95.6% in Q1. This aggressive approach has positioned Metaplanet as the largest corporate holder of Bitcoin in Asia, with holdings exceeding 12,000 BTC as of June 2025.

The recent acquisition by Metaplanet reflects a growing trend among institutions to view Bitcoin as a reserve asset. Other firms, such as Strategy and MARA Holdings, are also accumulating large holdings of BTC treasuries. Metaplanet's focus on providing Japanese investors with tax-uncomplicated Bitcoin exposure has garnered attention, as retail investors in the region often face confusion regarding crypto taxation. The company's actions demonstrate a strong belief in the long-term value of Bitcoin and its potential to reshape the global Bitcoin treasury landscape. Metaplanet plans to acquire an additional 1,000 BTC to surpass CleanSparks’ 12,502 BTC and secure the fifth position as the largest corporate holder of BTC. The company's U.S. subsidiary, based in Florida since May 2025, will facilitate extensive purchases to achieve these goals.