Metaplanet Just Dethroned Tesla as the King of Corporate Bitcoin—Here’s How They Did It
Move over, Elon—Tokyo’s Metaplanet just flipped the script with a $133 million Bitcoin buy, vaulting past Tesla’s stash. Corporate crypto arms races just got spicy.
### The New Bitcoin Whale in Town
No hype, no memes—just a cold, hard $133 million bet on Bitcoin. While Tesla’s been busy slashing its holdings, Metaplanet’s all-in pivot screams conviction (or desperation, depending who you ask).
### Why This Stings for Tesla
Remember when Musk’s ‘laser eyes’ tweets moved markets? Now his company’s getting outplayed by a Japanese firm nobody saw coming. Poetic justice for a CEO who treats crypto like a part-time hobby.
### The Cynic’s Corner
Let’s be real—this isn’t idealism. It’s a hedge against Japan’s sinking yen and yet another corpo gambling with shareholder money on ‘digital gold.’ But hey, at least they’re honest about chasing ROI instead of moon memes.
TLDR
- Metaplanet purchased 1,234 Bitcoin for $132.7 million, bringing total holdings to 12,345 BTC worth $1.33 billion
- The Japanese firm now holds more Bitcoin than Tesla, which owns 11,509 BTC as of February 2025
- Metaplanet achieved 315% Bitcoin yield in 2025 and ranks seventh globally in Bitcoin holdings
- The purchase helped stabilize Metaplanet’s stock price at 1,560 JPY after a 25% decline from highs
- Bitcoin rallied to $107,000 following the purchase, up 1.5% daily and 74.2% since June 2024
Japanese investment firm Metaplanet has acquired 1,234 Bitcoin for $132.7 million, pushing its total holdings to 12,345 BTC. The purchase makes Metaplanet the seventh-largest corporate Bitcoin holder globally.
*Metaplanet Acquires Additional 1,234 $BTC, Total Holdings Reach 12,345 BTC* pic.twitter.com/ppeGIrfVfe
— Metaplanet Inc. (@Metaplanet_JP) June 26, 2025
Tesla currently holds 11,509 bitcoin as of February 2025. Metaplanet’s latest acquisition puts the Japanese firm ahead of the electric vehicle manufacturer in Bitcoin ownership.
The purchase cost approximately $107,557 per Bitcoin. Metaplanet now holds Bitcoin worth around $1.33 billion at current market prices.
Metaplanet CEO Simon Gerovich confirmed the company’s total Bitcoin cost basis stands at $1.20 billion. This represents an average purchase price of $97,036 per Bitcoin across all acquisitions.
Trading volume is the lifeblood of a Bitcoin Treasury Company. It turns energy into capital, excitement into scale, momentum into acceleration. pic.twitter.com/TVtcXjBndy
— Simon Gerovich (@gerovich) June 25, 2025
The Japanese firm has expanded its Bitcoin holdings nearly 10-fold since January 2025. The company achieved a 315% Bitcoin yield year-to-date in 2025.
In two weeks, Metaplanet surpassed Coinbase, Block Inc, Hut 8, and Tesla in Bitcoin holdings. The firm jumped from tenth position to seventh place among corporate Bitcoin holders.
Stock Price Stabilizes After Purchase
Metaplanet’s stock had fallen 25% from its peak of 1,900 JPY last week. The Bitcoin purchase helped stabilize the stock price at 1,560 JPY levels.
The company generates daily trading volume of nearly $850 million. CEO Gerovich described trading volume as the “lifeblood” of a Bitcoin treasury firm.
This marks Metaplanet’s second major Bitcoin purchase this year. The firm previously bought 1,111 BTC earlier in 2025.
Bitcoin Market Rally Continues
Bitcoin reclaimed the $107,000 level following Metaplanet’s purchase announcement. The cryptocurrency gained 1.5% in daily trading and 2.6% over the week.
Bitcoin has risen 74.2% since late June 2024. The price remains just 3.5% below its all-time high of $111,814.
The rally followed a ceasefire announcement between Iran and Israel. Bitcoin had briefly fallen below $99,000 during the geopolitical tensions.
Institutional Buying Surge
Metaplanet purchased $111 million worth of Bitcoin earlier this week before the latest acquisition. The company announced a $5 billion fundraising plan for its US subsidiary.
Over the past ten days, MicroStrategy, Semler Scientific, and Metaplanet acquired over 13,000 Bitcoin combined. Anthony Pompliano’s ProCap BTC purchased 4,932 Bitcoin in two days following a $1 billion fundraise.
The Federal Reserve kept interest rates unchanged during its recent meeting. Rate cuts could potentially fuel further Bitcoin rallies according to market analysts.
Metaplanet ranks second to MicroStrategy in corporate Bitcoin holdings and trading activity. The firm continues expanding its Bitcoin treasury strategy through 2025.
