Metaplanet Surpasses Cleanspark as Fifth-Largest Corporate Bitcoin Holder with 349% YTD Yield

Japanese Bitcoin treasury firm Metaplanet has made a significant move in the cryptocurrency market by surpassing mining company Cleanspark as the fifth-largest corporate holder of Bitcoin. This achievement comes after Metaplanet's recent purchase of 1,005 BTC for $108 million. With this acquisition, Metaplanet now holds a total of 13,350 BTC, which was acquired for approximately $1.31 billion at an average price of around $97,832 per Bitcoin. At current market prices, Metaplanet's Bitcoin treasury is valued at $1.45 billion.

Cleanspark, a Bitcoin mining company, currently holds 12,502 BTC. Metaplanet's latest purchase has positioned it ahead of notable companies such as Tesla, Hut 8, Coinbase, and Block Inc. in terms of Bitcoin treasury size. The firm now trails only Strategy, Marathon Digital, Twenty One Capital, and Riot Platforms in the rankings of corporate Bitcoin holders.

Metaplanet CEO Simon Gerovich highlighted that the aggregate price per coin for the latest purchase was $107,601. The firm has achieved a remarkable Bitcoin yield of 349% year-to-date. This strategic move is part of Metaplanet's broader plan to expand its Bitcoin holdings significantly. Earlier this month, the company revised its accumulation strategy, aiming to hold 100,000 BTC by 2026, up from its previous target of 21,000 BTC. Additionally, Metaplanet announced plans to raise $5.4 billion and acquire 210,000 Bitcoin by 2027, which, if achieved, would make it the world’s second-largest corporate holder of the asset.

Metaplanet's latest purchase is also supported by a strategic bond refinancing initiative. The firm issued 30 billion yen ($208 million) in 0% ordinary bonds from its EVO fund to purchase additional Bitcoin. This issuance will also allow Metaplanet to buy back and cancel its third series ordinary bonds worth 1.75 billion yen ($12 million), which carried an annual interest rate of 0.36%. This move effectively secures an interest-free loan and cash float for more Bitcoin purchases. The funds raised through the new bond issuance will be partially allocated to the buyback and cancellation of the existing bonds, with the remainder used for acquiring more Bitcoin.

Metaplanet's aggressive Bitcoin accumulation strategy has garnered significant attention in the market. The company's stock experienced a 9% jump in price earlier this month, reflecting strong investor confidence. Shares in the firm have skyrocketed more than 350% since the beginning of 2025, indicating a robust market response to its strategic initiatives. The firm's proactive approach to Bitcoin acquisition and its commitment to expanding its holdings have positioned it as a key player in the cryptocurrency market.

Meanwhile, Strategy founder Michael Saylor hinted at another Bitcoin purchase with his regular weekend post of the portfolio tracker. Saylor's posts have often preceded Monday acquisitions, suggesting that Strategy may be preparing for another significant purchase. Saylor's caption, "In 21 years, you’ll wish you’d bought more," underscores the long-term potential of Bitcoin as an investment. Metaplanet CEO Simon Gerovich responded, "We buy every day. And still, I know I’ll look back wishing we had moved even faster," highlighting the firm's aggressive stance on Bitcoin accumulation.