Metaplanet’s $238M Bitcoin Splurge Puts It on Heels of Top 4 Corporate BTC Whales

Tokyo's Metaplanet just dropped another $238 million into Bitcoin—because holding fiat is apparently for suckers.

The move inches the investment firm closer to joining the elite club of corporate BTC whales, trailing only MicroStrategy, Tesla, and a handful of crypto-native companies in total holdings.

While traditional finance scrambles to justify its 2% bond yields, Metaplanet's balance sheet now reads like a crypto maximalist's manifesto. The purchase comes as Bitcoin consolidates near all-time highs—proving once again that corporate treasuries can gamble harder than your average degen.

Will this trigger another wave of FOMO-driven corporate adoption? Or will accountants finally revolt against CFOs playing with the company's money like it's a roulette table? Either way—the Bitcoin corporate arms race just got hotter.