Metaplanet, Japan’s leading corporate holder of Bitcoin, announced on Monday that it has acquired an additional 1,111 BTC.
With this latest purchase, disclosed in a regulatory filing the same day, Metaplanet’s total Bitcoin holdings now stand at 11,111 BTC — bringing it close to matching Tesla’s current stash of 11,509 BTC.
Metaplanet invested 17.26 billion Japanese yen (approximately $117 million) to acquire the 1,111 Bitcoin, paying an average price of just under $105,500 per coin.
As of Monday, Bitcoin was trading slightly below $102,000 — about 3.3% lower than the company’s purchase price, according to CoinMarketCap. Despite this short-term dip, Metaplanet’s overall average cost basis remains favorable at $95,560 per coin.
Metaplanet Continues to Expand Its Bitcoin Treasury
Metaplanet’s latest announcement comes just a week after it purchased 1,112 Bitcoin, bringing its total holdings at the time to 10,000 BTC. That acquisition followed the company’s rise to become the eighth-largest corporate Bitcoin holder two weeks prior.
Although Metaplanet briefly dropped to ninth place after mining firm Hut 8 increased its stash, it has since reclaimed the eighth position.
Next on the leaderboard is Tesla, holding 11,509 BTC — just 398 more than Metaplanet. Given its recent pace of accumulation, Metaplanet could surpass Tesla before the end of the month.
Above Tesla sits CleanSpark, a Bitcoin mining firm with 12,502 BTC — 1,391 more than Metaplanet’s current total.
Bitcoin Treasuries Are Sprouting Like Mushrooms After the Rain
A growing number of publicly traded companies are ramping up their Bitcoin treasury strategies or securing fresh capital to expand existing holdings.
Just days ago, Bitcoin holding firm Nakamoto Holdings raised $51.5 million to boost its Bitcoin reserves. On Friday, Parataxis Holdings—an affiliate of Parataxis Capital Management—unveiled a Bitcoin-native treasury platform targeting the South Korean public market.
Earlier this month, Norwegian crypto firm K33 announced plans to raise at least 85 million Swedish krona (around $8.9 million) through a share issue to purchase up to 1,000 BTC for its corporate reserves. Meanwhile, in Norway, the Norwegian Block Exchange saw its stock surge over 138% in a single day after announcing it would begin buying and holding Bitcoin.
In another recent move, Paris-listed tech firm The Blockchain Group acquired 182 BTC for approximately $19.6 million, bringing its total Bitcoin holdings to 1,653 BTC as of Wednesday.
According to BitcoinTreasuries.NET, at least 240 public companies now collectively hold over 832,000 BTC — roughly 3.96% of Bitcoin’s fixed 21 million coin supply.
