• Metaplanet surpassed Tesla with 12,345 BTC, becoming Japan’s top corporate Bitcoin holder.
• The crypto community applauded Metaplanet’s bold Bitcoin strategy amid its rapid 2025 treasury expansion.

Japan-based publicly listed firm Metaplanet has now officially overtaken Tesla in Bitcoin [BTC] holdings.

Metaplanet’s recent Bitcoin acquisition

As of the 26th of June, the company disclosed ownership of 12,345 BTC, nudging ahead of Tesla’s 11,509 BTC, according to its most recent SEC filing.

Metaplanet extended its aggressive Bitcoin accumulation by acquiring 1,234 BTC at an average cost of ¥15.6 million per coin—roughly $108,000—bringing its total investment for this purchase to approximately $132.7 million.

According to CEO Simon Gerovich, the company’s BTC yield for 2025 stood at 315% YTD, positioning Metaplanet as the 7th largest public BTC holder worldwide.

Naturally, this brings it within striking distance of CleanSpark, which holds 12,502 BTC.

This coincided with Bitcoin trading at $107,389.70 after a hike of 0.40% in the past 24 hours, as per CoinMarketCap.

Wait, what about the stock?

Despite the bullish acquisition, the company’s stock declined by 5.27%, trading at ¥1,509.00, while Tesla’s shares also dipped 3.79% to $327.55, reflecting broader investor caution in traditional markets.

Interestingly, this recent buy came just a day after the launch of its ambitious “555 Million Plan,” further highlighting the company’s aggressive crypto strategy in 2025.

Since January, Metaplanet has expanded its Bitcoin holdings nearly tenfold.

“BTC Rating: 99” – Saylor signs off

Strategy’s Michael Saylor wasn’t silent. He acknowledged the development and praised the company’s strategic vision.

“Metaplanet is the first company to achieve a BTC Rating of 99.”

Metaplanet’s BTC price threshold for liabilities to surpass assets is set at only $1,080. This indicates that a drastic drawdown of -98.99% would be necessary for its BTC-backed liabilities to exceed its assets.

Echoing similar sentiments was an X user who said,

“This is huge. Metaplanet doubling down on BTC while Tesla’s sitting on the sidelines? Shows conviction in the asset. If more companies follow, we’re looking at a serious shift in corporate treasury strategies. Bullish signal for long-term adoption.”

“Once they roll out the new plan…”

Many in the crypto community also remain optimistic that by September, Metaplanet will realize much of the vision it has laid out, fueled by the company’s remarkable growth in a short span.

This mirrors the success story of MicroStrategy, whose stock outperformed major tech giants like Nvidia, Tesla, and Microsoft last year.

Together, these developments reinforce a broader narrative, and that is, integrating Bitcoin as a core treasury asset has proven to be an exceptionally profitable strategy for forward-thinking firms.

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