- Japan’s Metaplanet has significantly increased its Bitcoin holdings, now surpassing Tesla.
- The company’s recent Bitcoin purchases have helped stabilise its stock price after a recent drop.
Metaplanet Inc., often called Asia’s MicroStrategy, has made a strong move in the cryptocurrency world, becoming a major corporate Bitcoin holder. The company’s active buying strategy has pushed it up the rankings, getting attention from the global financial community.
Metaplanet’s Rising Bitcoin Stash
Today, Thursday, June 26, Metaplanet announced its latest large purchase of 1,234 BTC for $132.7 million, at about $107,557 per Bitcoin. This recent buy brings Metaplanet’s total Bitcoin holdings to an impressive 12,345 BTC. This amount is now worth nearly $1.21 billion, based on an average purchase price of $97,036 per Bitcoin.
With this latest addition, Metaplanet has officially passed Tesla’s Bitcoin holdings of roughly 11,509 BTC, making it the 7th largest corporate Bitcoin holder among public companies. CEO Simon Gerovich shared this news on social media, showing the company’s dedication to its Bitcoin strategy. “1, 2, 3, 4, 5… liftoff. We just climbed past Tesla on the BTC leaderboard. Bolder. Faster. Harder. @elonmusk — meet you on Mars.” Metaplanet has also reported strong Bitcoin returns, with 112.2% quarter-to-date and an impressive 315% year-to-date in 2025.
This isn’t Metaplanet’s only recent purchase. Days earlier, on June 23, the company announced buying another 1,111 BTC for $118.2 million, at an average price of $106,408 per Bitcoin. To fund these large purchases, Metaplanet recently secured 74.9 billion JPY (about USD 0.51 billion) by issuing new shares. This fundraising is 10% of their ambitious “555 Million Plan,” which aims to raise $5.4 billion for more Bitcoin buys.
The Corporate Bitcoin Race Intensifies
Metaplanet’s moves highlight a growing trend for companies to add Bitcoin to their financial plans. The company plans to hold at least 30,000 BTC by the end of 2025. If they succeed, Metaplanet would become the 4th largest corporate holder of Bitcoin, moving past current big players like Bitcoin mining firm Riot Platforms.
This quick pace of Bitcoin buying by Metaplanet is happening as other public companies, such as GameStop and Semler Scientific, also add Bitcoin to their company funds. In just the last ten days, Michael Saylor’s MicroStrategy, Semler Scientific, and Metaplanet together bought over 13,000 Bitcoins. Also, Anthony Pompliano’s ProCap BTC has bought 4,932 BTC in the last two days after raising $1 billion. This combined buying shows Bitcoin’s growing role as a protection against global economic uncertainty.
Market Reaction and Stock Performance
While Bitcoin’s price continues to rise, currently trading at $107,801, Metaplanet’s stock has seen some volatility. The Metaplanet stock was recently down nearly 25% from its all-time high of 1,900 JPY last week. However, today’s large Bitcoin purchase has helped prevent any further falls. The stock price is currently settling at 1,560 JPY levels, with some investors seeing this as a chance to buy the dip.
Interestingly, the Japanese firm now ranks second only to MicroStrategy in terms of corporate Bitcoin holdings. Its stock (MTPLF) generates a daily trading volume of nearly $850 million. CEO Simon Gerovich has stated that trading volume is the lifeblood of a Bitcoin Treasury firm, emphasising its importance for their strategy. Despite the recent daily dip, data shows the stock price has dropped over 12% in the last month but has surged nearly 353% year-to-date.