Metaplanet Overtakes Tesla with Massive 12,345 Bitcoin Treasury – A Game-Changer for Crypto Adoption

Move over, Elon—Japan's Metaplanet just flipped the script. The Tokyo-listed firm now holds a staggering 12,345 BTC, officially surpassing Tesla's crypto reserves and sending shockwaves through traditional finance circles.

Why Wall Street is sweating:

This isn't just corporate treasury diversification—it's a full-throated endorsement of Bitcoin as a reserve asset. While legacy institutions still debate 'volatility,' forward-thinking firms are quietly stacking sats. The 12,345 BTC position (worth approximately $X at current prices) makes Metaplanet one of the largest corporate BTC holders worldwide.

The new corporate playbook:

Forget stock buybacks—2025's smartest CFOs are converting cash reserves into hard-capped digital gold. Metaplanet's move follows MicroStrategy's playbook, but with an Asian market twist that could trigger domino-effect adoption across APAC boardrooms.

Cynical take: Meanwhile, traditional hedge funds still can't decide if crypto is 'too risky' while parking cash in commercial real estate time bombs.

One thing's clear—the corporate balance sheet revolution isn't coming. It's already here.

Metaplanet’s recent Bitcoin acquisition

As of the 26th of June, the company disclosed ownership of 12,345 BTC, nudging ahead of Tesla’s 11,509 BTC, according to its most recent SEC filing.

Metaplanet extended its aggressive bitcoin accumulation by acquiring 1,234 BTC at an average cost of ¥15.6 million per coin—roughly $108,000—bringing its total investment for this purchase to approximately $132.7 million.

According to CEO Simon Gerovich, the company’s BTC yield for 2025 stood at 315% YTD, positioning Metaplanet as the 7th largest public BTC holder worldwide.

Naturally, this brings it within striking distance of CleanSpark, which holds 12,502 BTC.

Source: Simon Gerovich/X

This coincided with Bitcoin trading at $107,389.70 after a hike of 0.40% in the past 24 hours, as per CoinMarketCap.

Wait, what about the stock?

Despite the bullish acquisition, the company’s stock declined by 5.27%, trading at ¥1,509.00, while Tesla’s shares also dipped 3.79% to $327.55, reflecting broader investor caution in traditional markets.

Interestingly, this recent buy came just a day after the launch of its ambitious “555 Million Plan,” further highlighting the company’s aggressive crypto strategy in 2025.

Since January, Metaplanet has expanded its Bitcoin holdings nearly tenfold.

“BTC Rating: 99” – Saylor signs off

Strategy’s Michael Saylor wasn’t silent. He acknowledged the development and praised the company’s strategic vision.

“Metaplanet is the first company to achieve a BTC Rating of 99.”

Metaplanet’s BTC price threshold for liabilities to surpass assets is set at only $1,080. This indicates that a drastic drawdown of -98.99% would be necessary for its BTC-backed liabilities to exceed its assets.

Echoing similar sentiments was an X user who said,

“This is huge. Metaplanet doubling down on BTC while Tesla’s sitting on the sidelines? Shows conviction in the asset. If more companies follow, we’re looking at a serious shift in corporate treasury strategies. Bullish signal for long-term adoption.”

“Once they roll out the new plan…”

Many in the crypto community also remain optimistic that by September, Metaplanet will realize much of the vision it has laid out, fueled by the company’s remarkable growth in a short span.

Source: Mackus ₿ Aurelius/X

This mirrors the success story of MicroStrategy, whose stock outperformed major tech giants like Nvidia, Tesla, and Microsoft last year.

Together, these developments reinforce a broader narrative, and that is, integrating Bitcoin as a Core treasury asset has proven to be an exceptionally profitable strategy for forward-thinking firms.