Breaking: Metaplanet Flips Tesla With 12,345 Bitcoin Holdings

Japanese public-listed company Metaplanet (MTPLF) has surpassed Elon Musk’s Tesla Holdings in Bitcoin ownership after acquiring an additional 1,234 BTC from the open market. This latest purchase propels Metaplanet from the tenth position two weeks ago to seventh, surpassing major players such as Coinbase, Block Inc., Bitcoin miner Hut 8, and Tesla. The move follows the announcement of a $5 billion fundraising initiative for its U.S. subsidiary, highlighting the company’s aggressive expansion strategy.

Metaplanet Accelerates Bitcoin Purchases

A day after kickstarting its “555 Million Plan“, the Japanese public-listed firm quickly announced a major 1234 BTC purchase, for an aggregate investment of $132.7 million, at a BTC price value of ~$107,557. The company has been on a massive buying spree this year, in 2025, while expanding its Bitcoin holdings by nearly 10-fold since the start of January.

Metaplanet CEO Simon Gerovich stated that this latest purchase pushes the company’s total Bitcoin holdings to 12,345 BTC, acquired at a cumulative cost of approximately $1.20 billion, averaging $97,036 per Bitcoin.

As of June 26, 2025, Metaplanet has achieved a remarkable Bitcoin yield of 315% year-to-date (YTD) in 2025, while putting major focus on Treasury growth. Today’s purchase comes within two days of the company announcing a $5 billion fundraise for its US subsidiary, to boost its “555 Million Plan”.

Recent BTC Purchase Arrests Further Stock Fall

With the Metaplanet stock crashing nearly 25% from its all-time high og 1,900 JPY last week, today’s BTC purchase has prevented any further fall. Currently, the stock price is settling at 1,560 levels, with some investors also calling it a buy-the-dip opportunity.

Interestingly, the Japanese firm ranks second to MicroStrategy, with MTPLF generating a daily trading volume of nearly $850 million. Simon Gerovich said that trading volume is the “lifeblood” of a Bitcoin Treasury firm.

This is the second big purchase from the Japanese firm, after buying 1,111 BTC earlier this year, as the firm remains confident despite the crypto market volatility caused by the Iran-Israel conflict.

Furthermore, the firm has also triggered a massive race for Bitcoin buying, cementing BTC’s role as a hedge to global uncertainty. Over the past ten days, Michael Saylor’s Strategy (MSTR), Semler Scientific, and Metaplanet collectively acquired over 13,000 Bitcoins. Similarly, with the $1 billion fundraise, Anthony Pompliano’s ProCap BTC has acquired 4,932 BTC in the last two days.