Metaplanet Outpaces Bhutan in Bitcoin Dominance: $400M Treasury Lead Signals Corporate Crypto Arms Race

Forget nation-states—the real Bitcoin whales wear suits. Metaplanet just lapped Bhutan's sovereign holdings with a staggering $400 million lead, proving corporate treasuries move faster than governments.

Who needs a GDP when you've got a BTC balance sheet?

The numbers don't lie: While Himalayan bureaucrats debate monetary policy, Tokyo's sharp-suited traders are stacking sats like there's no tomorrow. One's a Buddhist kingdom betting on digital enlightenment—the other's a publicly traded company printing its own volatility.

Memo to finance ministers: Your 'strategic reserves' look cute. Maybe try FOMO-buying at the next dip?

TLDR

• Metaplanet now holds 15,555 BTC valued at $1.7 billion, surpassing Bhutan’s 13,000 BTC worth $1.3 billion.
• The company gained a $400 million lead after acquiring 2,205 BTC in a recent strategic purchase.
• Metaplanet aims to accumulate 100,000 BTC by 2026 and reach 210,000 BTC by 2027.
• In June 2025, Metaplanet’s trading volume reached $12.8 billion, exceeding major Japanese firms like Toyota and Sony.
• Bhutan remains among the top three sovereign Bitcoin holders and has committed to holding its BTC reserves long-term.

Metaplanet has overtaken Bhutan in Bitcoin holdings, gaining a $400 million lead with its recent strategic acquisition. The Japanese firm now holds 15,555 BTC valued at $1.7 billion, outpacing Bhutan’s 13,000 BTC worth approximately $1.3 billion. This development confirms Metaplanet’s emergence as a dominant institutional force in the cryptocurrency sector.

Metaplanet Expands Holdings with Bold Purchase

Metaplanet acquired an additional 2,205 BTC worth $238.7 million, solidifying its commitment to an aggressive accumulation strategy. This move raised its total Bitcoin stash to 15,555 BTC, valued at 225.8 billion yen or $1.7 billion. The firm is now $400 million ahead of Bhutan, marking a significant achievement in its expansion plan.

THIS COMPANY NOW HOLDS MORE bitcoin THAN THE ENTIRE COUNTRY OF BHUTAN

Metaplanet bought $238.7M USD of Bitcoin last week and now holds $1.7 BILLION USD of BTC.

This puts them $400M ahead of the entire country of Bhutan, which holds $1.3 Billion. pic.twitter.com/lg7kMuQhN0

— Arkham (@arkham) July 8, 2025

Metaplanet CEO Simon Gerovich reaffirmed the company’s Bitcoin-focused strategy following Arkham Intelligence’s disclosure of the latest holdings. The company emphasized that Bitcoin remains its Core business model and the primary asset on its balance sheet. Its accumulation plan is geared toward reaching 100,000 BTC by 2026 and 210,000 BTC by 2027.

Metaplanet is Bitcoin first, Bitcoin only. Our singular focus right now is to accumulate as much Bitcoin as possible.

— Simon Gerovich (@gerovich) July 9, 2025

Trading volume data shows Metaplanet’s recent success, with $12.8 billion recorded in June 2025, outpacing major Japanese corporations. With its trading activity rising and Bitcoin portfolio growing, the company continues to attract attention across global financial markets. Analysts expect further purchases as Metaplanet aims to grow its holdings aggressively.

Bhutan Maintains Long-Term Bitcoin Strategy

Bhutan, one of the top sovereign Bitcoin holders, currently holds 13,000 BTC valued at approximately $1.3 billion. While Metaplanet has surged ahead, Bhutan remains committed to retaining its Bitcoin as a long-term strategic reserve. Officials announced a shift from liquidating Bitcoin to funding national operations to now holding it as a permanent asset.

Bhutan began its Bitcoin initiative in 2019 by utilizing surplus hydropower to mine the cryptocurrency through public-private partnerships. Druk Holding & Investments, under royal guidance, collaborated with Bitdeer and Green Digital to enhance efficiency and reduce energy costs. This model allowed Bhutan to mine Bitcoin with minimal environmental impact.

To further its crypto agenda, Bhutan introduced a national tourism crypto payment system in collaboration with Binance Pay and DK Bank. Visitors can now make transactions across various tourism services using digital currencies. This initiative reinforces Bhutan’s commitment to integrating blockchain into its broader economic plans.