Metaplanet Surpasses Tesla in Bitcoin Holdings – Now Top 5 Corporate BTC Whale
In a stunning reversal of crypto dominance, Japanese investment firm Metaplanet has dethroned Elon Musk's Tesla as the fifth-largest corporate Bitcoin holder. The move signals a seismic shift in institutional adoption—and proves even the loudest crypto skeptics eventually follow the money.
While Tesla famously dumped 75% of its BTC stash during the 2022 bear market, Metaplanet's aggressive accumulation strategy mirrors MicroStrategy's playbook. The firm now holds over 15,000 BTC worth approximately $1 billion at current prices.
Wall Street analysts remain divided. 'This is either genius portfolio diversification or a desperate hedge against Japan's collapsing yen,' quipped one trader. Either way, the corporate Bitcoin arms race just got hotter—and the 'number go up' crowd has fresh ammunition.