Japanese hotelier Metaplanet has made headlines by overtaking Tesla to become the fifth-largest corporate holder of Bitcoin. The Tokyo-listed company recently added 1,234 BTC to its reserves, investing approximately $133 million at an average price of $107,877 per bitcoin. This brings Metaplanet’s total Bitcoin holdings to 12,345 BTC.
Metaplanet Doubles Down on Bitcoin Reserve Strategy
This bold acquisition underlines Metaplanet’s growing commitment to a Bitcoin reserve strategy—a path first popularized by Michael Saylor and his firm MicroStrategy. By expanding its crypto reserves, Metaplanet aims to fortify its financial position and hedge against inflationary pressures and fiat currency volatility.
Bitcoin’s growing reputation as a long-term store of value has inspired a number of companies globally to adopt similar strategies. The move also signals confidence in Bitcoin’s future, especially as traditional financial systems face increasing scrutiny.
Only Four Companies Hold More Bitcoin Than Metaplanet
With this latest purchase, Metaplanet’s Bitcoin stash has now surpassed Tesla’s 11,509 BTC, moving it up in the corporate rankings. It now trails only four crypto-centric firms:
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MicroStrategy (Strategy)
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Marathon Digital Holdings (MARA)
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Riot Platforms
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Galaxy Digital
These companies remain ahead, but the race to accumulate Bitcoin continues to intensify, especially as institutional interest grows.
Metaplanet’s move not only reflects a strategic shift in how companies view digital assets but also reinforces the rising global acceptance of Bitcoin as a core treasury asset.