Metaplanet Inc. Buys 1,234 BTC for $132.7 Million, Surpasses Tesla as 7th Largest Holder

Metaplanet Inc., often referred to as Asia’s MicroStrategy, announced on Thursday that it has acquired an additional 1,234 BTC for $132.7 million. This purchase has significantly increased the company's Bitcoin holdings to 12,345 BTC, surpassing Tesla and securing its position as the seventh-largest Bitcoin holder globally. The company's latest acquisition was made at an average price of $107,557 per Bitcoin, contributing to a quarter-to-date BTC yield of 112.2%.

CEO Simon Gerovich shared the news on X, highlighting that Metaplanet’s Bitcoin holdings now exceed those of Tesla. The company has achieved a remarkable BTC yield of 315% year-to-date in 2025. With the latest purchase, Metaplanet's total Bitcoin stash is valued at nearly $1.21 billion, based on an average price of $97,036 per Bitcoin.

Metaplanet's aggressive Bitcoin acquisition strategy has been evident in recent months. On June 23, the company announced the acquisition of 1,111 BTC for $118.2 million, at an average price of $106,408 per Bitcoin. Additionally, on Wednesday, Metaplanet secured 74.9 billion JPY (approximately $0.51 billion) in equity capital through the issuance of 54 million shares. This capital raise is part of the company's broader plan to accumulate at least 30,000 BTC by the end of 2025, which would position it as the fourth-largest corporate holder of Bitcoin. Currently, BTC mining firm Riot Platforms holds the fourth position on the list of top public Bitcoin treasury companies.

Metaplanet's strategy of holding Bitcoin as part of its corporate treasury has garnered significant attention. The company's approach mirrors that of other public companies, which have also added Bitcoin to their treasuries. This strategy has contributed to Metaplanet's impressive performance, with the company achieving a year-to-date return of 315% on its Bitcoin investments.

Metaplanet's aggressive Bitcoin acquisition strategy is part of a broader plan to become a major player in the Bitcoin market. The company's goal of holding at least 30,000 BTC by the end of 2025 is ambitious but achievable, given its recent acquisitions and capital raises. This strategy not only positions Metaplanet as a significant holder of Bitcoin but also aligns with the growing trend of companies incorporating cryptocurrencies into their treasury management strategies.