Bitcoin: Metaplanet buys 1,234 BTC and surpasses Tesla
The race for corporate bitcoin is taking a new turn. Metaplanet, a Japanese company in full transformation, has just reached a symbolic milestone by surpassing Tesla in the ranking of the largest corporate bitcoin reserves. Who would have imagined that a struggling former hotel company would compete with Elon Musk's giant?
In brief
Metaplanet buys an additional 1234 BTC for approximately 133 million dollars
The Japanese company now owns 12,345 bitcoins, compared to Tesla's 11,509 BTC.
The company aims to reach 201,112 BTC by 2027 as part of its 'Plan 555 million'.
This acquisition places Metaplanet in the seventh position worldwide for corporate Bitcoin treasuries.