Overview
In a significant strategic move, Japanese investment firm Metaplanet has dramatically increased its Bitcoin holdings, now possessing 13,350 BTC. This acquisition places the company ahead of notable competitors like Galaxy Digital and CleanSpark, securing its position as the fifth-largest publicly traded corporate holder of Bitcoin globally. The firm's aggressive accumulation strategy and innovative financing methods underscore a deepening corporate commitment to cryptocurrency as a core treasury asset.
The company recently purchased an additional 1,005 BTC for $108.1 million, with each coin acquired at an average price of $107,601. This latest purchase is part of a broader, sustained effort to expand its crypto reserves. At current market valuations, Metaplanet's total Bitcoin holdings are worth approximately $1.4 billion.
CEO Simon Gerovich publicly confirmed the transaction on June 30, highlighting the company's rapid progress. Just three months prior, Metaplanet's holdings stood at 3,350 BTC. The addition of 10,000 BTC in such a short timeframe signals a highly confident and accelerated approach to Bitcoin investment.
Strategic Bitcoin Accumulation
Metaplanet’s strategy reflects a growing trend among corporations to treat Bitcoin not merely as a speculative asset but as a legitimate long-term store of value. The company has set an ambitious new goal: to hold over 210,000 BTC by the end of 2027. This would represent a monumental increase and potentially position it among the very top corporate holders.
This aggressive purchasing activity has propelled Metaplanet past other significant players in the space. Galaxy Digital, now in sixth place, holds 12,830 BTC, while CleanSpark follows with 12,502 BTC. Metaplanet’s ascent highlights the competitive nature of corporate Bitcoin acquisition, where treasury strategies are increasingly being influenced by digital asset allocation.
While MicroStrategy remains the undisputed leader with 592,345 BTC, Metaplanet’s rapid growth demonstrates how smaller firms can quickly climb the rankings through dedicated strategy and capital commitment. The company’s approach is closely watched as a case study in corporate crypto adoption.
👉 Explore more corporate Bitcoin strategies
Innovative Financing Through Bonds
To fund its substantial Bitcoin purchases, Metaplanet has turned to creative financing solutions. The company recently issued zero-interest ordinary bonds worth 30 billion yen, approximately $208 million. These bonds are set to mature on December 29, 2025.
According to its public filings, the capital raised will serve a dual purpose. A portion will be used to buy back and cancel previous interest-bearing bonds that were issued in November 2024. The remainder is earmarked for further Bitcoin acquisitions, although the exact allocation for future purchases was not specified.
This bond issuance is a critical component of Metaplanet’s broader treasury management strategy. By utilizing zero-interest debt instruments, the company minimizes its carrying costs while maximizing the capital available for investing in Bitcoin, a strategy that has garnered significant market attention.
Market Performance and Stock Reaction
Metaplanet’s aggressive Bitcoin strategy has been met with enthusiastic investor response. On the morning of the announcement, the company's stock price surged by 9.9% on the Japanese market. This positive movement is part of a larger trend; over the past 30 days, the share price has climbed an impressive 53.5%.
Year-to-date, the stock has skyrocketed by 370.7%, a performance largely fueled by the company’s decisive moves into Bitcoin. The increased trading volume following the announcement, which was amplified through social media and financial platforms, indicates strong retail and institutional investor interest.
While tracking platforms like BitcoinTreasuries.net had not immediately updated their rankings at the time of the news, Metaplanet’s reported holdings solidly place it in fifth position among publicly traded companies. This performance demonstrates how cryptocurrency strategies can directly and powerfully impact traditional equity valuations.
The Competitive Landscape of Corporate Bitcoin Holdings
MicroStrategy continues to dominate the corporate Bitcoin landscape, holding a treasury of 592,345 BTC. Under the leadership of executive chairman Michael Saylor, the company recently added another 245 BTC to its stack, reinforcing its commitment to its strategy.
Behind Metaplanet, the rankings include Galaxy Digital (12,830 BTC) and CleanSpark (12,502 BTC). Other names in the top ten, such as Marathon Digital and Tesla, have maintained their existing holdings without significant recent changes. This contrast highlights a divide between actively accumulating firms and those holding steady.
Metaplanet’s rapid rise is a testament to the power of a clear and executed vision. Its use of debt financing to acquire a non-yielding asset may seem counterintuitive to some, but it reflects a growing belief in Bitcoin’s long-term appreciation potential over traditional currency debasement.
👉 View real-time Bitcoin market data
Frequently Asked Questions
What is Metaplanet's total Bitcoin holding?
Metaplanet currently holds 13,350 BTC, making it the fifth-largest public company holder of Bitcoin. This position places it ahead of other well-known firms like Galaxy Digital and CleanSpark.
How did Metaplanet finance its Bitcoin purchases?
The company issued zero-interest bonds worth roughly $208 million (30 billion yen). A portion of this capital is being used to retire older, interest-bearing debt, while the remainder is dedicated to purchasing more Bitcoin.
What is Metaplanet's long-term goal for its Bitcoin treasury?
The company has announced an ambitious target to hold over 210,000 BTC by the end of 2027. This goal signifies a deep, long-term commitment to Bitcoin as a primary treasury reserve asset.
How has Metaplanet's stock performed since adopting this strategy?
The stock has performed exceptionally well, with a year-to-date surge of 370.7%. The announcement of new purchases often leads to immediate positive price action, as seen with a 9.9% jump on the day of the recent update.
Who are the largest corporate holders of Bitcoin?
MicroStrategy remains the largest corporate holder by a wide margin, with 592,345 BTC. Other major holders include Marathon Digital, Tesla, and now Metaplanet, which has recently entered the top five.
Why are companies buying Bitcoin for their treasuries?
Companies are adopting Bitcoin as a hedge against inflation and currency devaluation. They view it as a digital store of value, similar to gold, that can protect corporate capital over the long term while offering potential for appreciation.