Metaplanet Surpasses Tesla in Bitcoin Holdings
Japanese investment firm Metaplanet has officially surpassed Tesla in terms of total Bitcoin holdings, following its latest major BTC purchase.
According to a filing dated June 26, Metaplanet acquired an additional 1,234 BTC at an average price of $107,900, totaling $133 million. This brings the company's total Bitcoin holdings to 12,345 BTC, purchased at an average price of $98,300 per coin.
This strategic accumulation moves Metaplanet ahead of Tesla, which currently holds 11,509 BTC, according to data from BitcoinTreasuries.net. As a result, Metaplanet now ranks as the seventh-largest public company by Bitcoin holdings globally.
Here’s how the top competitors compare:
CleanSpark (mining company): 12,502 BTC
Galaxy Digital (crypto investment firm, Mike Novogratz): 12,830 BTCRiot Platforms (mining company): 19,255 BTC
Metaplanet’s aggressive BTC strategy reflects growing corporate adoption of Bitcoin in Asia and adds pressure on other firms to re-evaluate crypto as a long-term treasury asset.
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