Japanese publicly traded company Metaplanet (MTPLF) has surpassed Tesla in Bitcoin holdings, after acquiring an additional 1,234 BTC on the open market. The latest purchase moves the Japanese company up from No. 10 two weeks ago to No. 7 in the ranking of the largest holders of the leading digital asset, surpassing major players such as Coinbase , Block Inc. , miner Hut 8 , and Elon Musk’s company.
The move comes on the heels of Metaplanet announcing a $5 billion fundraising plan for its U.S. subsidiary, confirming its ambitious and fast-paced expansion strategy.
Metaplanet Continues to Accumulate Bitcoin
The strategic acquisition of 1,234 Bitcoins – for a total investment of $132.7 million – came at an average price of around $107,557 per BTC and underscores the company’s intention to rapidly consolidate its exposure to the digital asset.
Over the course of 2025, Metaplanet has implemented an extremely aggressive accumulation policy , causing its Bitcoin reserves to grow almost tenfold from the levels recorded in early January. This momentum in accumulation not only reflects a long-term view of Bitcoin as a store of value, but also positions the company among the major institutional players in the sector, on par with names like MicroStrategy.
Metaplanet CEO Simon Gerovich said that this latest purchase brings the company's total Bitcoin reserves to 12,345 BTC, acquired at a cumulative cost of approximately $1.20 billion , with an average price of $97,036 per Bitcoin.
As of June 26, 2025, Metaplanet has achieved a remarkable return on Bitcoin of 315% year-to-date (YTD), with a strong focus on treasury growth. Today’s purchase comes two days after announcing a $5 billion fundraise for its US subsidiary, in support of its “$555 Million Plan."
Latest BTC purchase halts further declines in stock
With Metaplanet stock falling nearly 25% from its all-time high of 1,900 JPY last week, today’s BTC buy has prevented further declines. The stock price has currently stabilized around 1,560 JPY, with some investors seeing it as a buying opportunity after the dip.
Interestingly, the Japanese company ranks second after MicroStrategy, with MTPLF generating a daily trading volume of nearly $850 million. Gerovich stated that “trading volume is the lifeblood of a company with a Bitcoin reserve."
This is the second major purchase by the Japanese company, which had already purchased 1,111 BTC earlier this year, and shows its great confidence, despite the volatility of the crypto market caused by the conflict between Iran and Israel.
The frequent and large acquisitions of Bitcoin by Metaplanet and other institutional players further reinforce the cryptocurrency’s role as a store of value and hedge against global economic and geopolitical uncertainty. In the last ten days alone, Michael Saylor’s Strategy , Semler Scientific , and Metaplanet have collectively accumulated over 13,000 BTC, highlighting growing institutional confidence in the digital asset.
In parallel, Anthony Pompliano's ProCap BTC also stood out with a significant operation: thanks to a recent fundraising of 1 billion dollars, the company acquired 4,932 BTC in just two days, confirming the trend of strengthening positions in Bitcoin by large investors.
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