Metaplanet Inc. Buys 1,234 Bitcoin for $133 Million, Surpasses Tesla

Metaplanet Inc., a publicly listed firm, has made a significant move in the cryptocurrency market by purchasing 1,234 Bitcoin (BTC) for approximately $133 million. This acquisition was made at an average price of $107,877 per BTC, bringing the company's total holdings to 12,345 BTC. This latest purchase not only increases Metaplanet's Bitcoin stash but also positions the company as a major player in the corporate Bitcoin treasury space, surpassing Tesla's holdings of 11,509 BTC.

The company's aggressive Bitcoin strategy is part of its broader plan to accumulate a substantial amount of BTC. Metaplanet's board recently approved an additional capital contribution of up to $5 billion, which is earmarked for its ambitious "555 Million Plan." This plan aims to acquire 201,112 BTC by 2027, an estimated value of over $21 billion based on current prices. Earlier this year, Metaplanet had set a more modest goal of holding 100,000 BTC by 2026, but the recent expansion indicates a more aggressive target.

Metaplanet's Bitcoin accumulation strategy began in May 2024, with the company citing long-term macroeconomic hedging as a key reason for its investment. By June 15, 2025, the company had already crossed the milestone of holding 10,000 BTC. The latest purchase of 1,234 BTC on June 26, 2025, has taken its total holdings to 12,345 BTC, making it the seventh-largest corporate Bitcoin holder globally.

The company's strategy aligns with a broader trend of corporations increasing their Bitcoin exposure. Other notable moves include Nakamoto Holdings raising funds for Bitcoin purchases, Parataxis Holdings launching a new BTC treasury platform, and K33 of Norway planning to raise funds for 1,000 BTC. This surge in interest reflects a growing view among companies that Bitcoin serves not just as a hedge but as a strategic reserve asset amid rising inflation and fiat uncertainty.

Metaplanet's latest move underscores its commitment to establishing itself as a dominant player in the crypto treasury space. The company's accelerated accumulation plan, coupled with Japan’s evolving regulatory landscape, positions it as a frontrunner in Bitcoin adoption among public corporations. As Bitcoin's role in corporate finance continues to grow, all eyes are on how quickly Metaplanet can reach or surpass the likes of MicroStrategy or Marathon in total holdings.