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Metaplanet Bitcoin Holdings Outdoes Tesla with 1,234 BTC Buy


Metaplanet, Japan’s largest corporate Bitcoin Treasury, announced on Thursday that it bought an additional 1,234 Bitcoin, bringing its total handling to 12,345 BTC.

The latest acquisition, revealed in a FilePuts Metaplanet Leading Tesla’s current bitcoin stash of 11,509 Bitcoin (Btc).

Metaplanet currently holds the seventh-largest corporate Bitcoin Treasury, According to in bitcointreasuries.net. The company is also within the remarkable distance of Bitcoin mining firm Cleanspark, along with a 12,502 BTC reserve.

The purchase was made at an average price of 15.6 million Japanese yen (about $ 108,000) per coin. At the time of writing, Bitcoin exchanged $ 108,150, which increased by 1.4% in the last 24 hours, According to In coinmarketcap.

Japan, investment
Source: Metaplanet

Related: Bitcoin as Corporate Treasury: Why Meta, Amazon and Microsoft everyone said no

Metaplanet aims at large expansion

The metaplanet is that it is the purchase of its bitcoin at a fast pace. The current announcement complies with the company Tuesday release of a notice informing investors that the board of its directors approved an additional contribution of capital of up to $ 5 billion.

The company has not disclosed how much has been up to date but the contribution said “significantly to speed” the implementation of the so -called “555 million plans.”

As part of it 555 million plansMetaplanet aims to buy 201,112 BTC of 2027 for more than $ 21 billion at current prices. The company had previously announced plans to hold 100,000 Bitcoin in 2026.

Related: Vaneck warns: Why Bitcoin Treasury Companies may face capital erosion

The number of Bitcoin treasury continues to grow

Metaplanet joined a growing list of companies that expanded their handling of Bitcoin. Nakamoto Holdings, a company holding Bitcoin, recently That -secure $ 51.5 million in capital To get more BTC.

Last week, Parataxis Holdings has announced a new Bitcoin treasury Platform at South Korea Market. Also this month, the Norwegian crypto firm announced that K33 plans to Raise a minimum of 85 million Swedish Krona ($ 8.9 million) by a new shares of shares, with plans to get up to 1,000 BTC.

In early June, the Norwegian Crypto Exchange Block Exchange announced the Bitcoin treasury. The company’s stock reacts by jumping over 138% on the same day.

French technology firm Blockchain group also expanded its holdings with an acquisition of 182 BTC for $ 19.6 million. The company now holds a total of 1,728 BTC according to bitcointreasuries.net.