Metaplanet BTC holdings near Tesla’s stash after massive 1,111 Bitcoin purchase

Metaplanet, Japan’s leading Bitcoin investment firm, has purchased an additional 1,111 Bitcoin (BTC). This latest acquisition, according to a Monday regulatory filing, brings Metaplanet BTC holdings to a staggering 11,111 BTC, putting the company just 398 BTC shy of Tesla’s corporate treasury.

With this purchase, Metaplanet will look to solidify its position as one of the world’s top corporate Bitcoin holders, trailing only a handful of major players. If the company maintains its current buying pace, it could overtake Tesla’s BTC reserves within weeks.

Metaplanet BTC holdings now worth over $1.1 billion

The Tokyo-based firm spent ¥17.26 billion (approximately $117 million) to acquire the latest batch of Bitcoin, paying an average of $105,500 per coin. Despite Bitcoin’s slight dip below $102,000 at the time of writing, Metaplanet’s average purchase price remains a profitable $95,560 per BTC, showcasing the firm’s disciplined accumulation strategy.

This isn’t the first major Bitcoin purchase for Metaplanet. Just last week, the company bought 1,112 BTC, pushing its total Metaplanet BTC holdings past the 10,000 BTC milestone. The rapid expansion of its treasury has propelled the firm to eighth place among the world’s largest corporate Bitcoin holders, briefly slipping to ninth before reclaiming its position.

Tesla in Metaplanet’s crosshairs as BTC race heats up

Tesla, currently holding 11,509 BTC, is now firmly in Metaplanet’s sights. If the Japanese firm continues its aggressive buying trend, it could surpass Tesla’s holdings by the end of the month. Beyond Tesla, the next target would be CleanSpark, a Bitcoin mining company with 12,502 BTC in reserves.

The growing competition among corporations to stockpile Bitcoin highlights a broader trend: major institutions are increasingly viewing BTC as a strategic reserve asset. Metaplanet BTC holdings exemplify this shift, as the company continues to double down on its Bitcoin-first treasury strategy.

Corporate Bitcoin treasuries surge as adoption grows

Metaplanet isn’t alone in its Bitcoin accumulation spree. Companies worldwide are rapidly expanding their BTC reserves, signaling a broader institutional embrace of cryptocurrency:

• Nakamoto Holdings recently secured $51.5 million to buy more Bitcoin.

• Parataxis Capital launched a Bitcoin-native treasury platform in South Korea.

• K33, a Norwegian crypto firm, raised $8.9 million to purchase up to 1,000 BTC.

• The Blockchain Group, a Paris-listed tech firm, acquired 182 BTC, bringing its total to 1,653 BTC.

According to BitcoinTreasuries.NET, at least 237 public companies now hold Bitcoin, collectively owning over 832,000 BTC—nearly 4% of Bitcoin’s total supply.

How does Metaplanet’s BTC strategy stand out?

While many corporations remain hesitant to adopt Bitcoin, Metaplanet has fully committed to BTC as a core treasury asset. The company’s disciplined approach—buying during market dips and holding long-term—has positioned it as a leader in corporate Bitcoin adoption.

With Metaplanet BTC holdings now rivaling Tesla’s, the firm is setting a precedent for other Asian enterprises to follow. If Bitcoin’s price rebounds, Metaplanet could see significant unrealized gains, further validating its aggressive accumulation strategy.

As the race for corporate Bitcoin dominance intensifies, Metaplanet has emerged as a key player, rapidly closing the gap with Tesla. With 11,111 BTC already in its treasury and more purchases likely on the horizon, Metaplanet BTC holdings could soon make it the seventh-largest corporate Bitcoin holder worldwide.

For now, all eyes are on whether the Japanese firm will overtake Tesla—and how other corporations will respond in this high-stakes Bitcoin arms race.