Metaplanet Now Holds More Bitcoin Than Tesla After Buying 1,234 BTC

Highlights:

• Metaplanet bought 1,234 BTC for $132.7M, now holding 12,345 BTC total.
• The firm targets 210,000 BTC by 2027, aiming to secure 1% of the supply.
• Stock dips slightly after purchase, but remains up 353% year-to-date in 2025.

Metaplanet, a publicly listed investment firm in Tokyo, has expanded its Bitcoin (BTC) holdings by acquiring 1,234 BTC worth approximately $132.7 million. The company made the purchase just one day after announcing a $515 million fundraise. This move supports its “555 Million Plan,” which aims to collect 1% of Bitcoin’s total supply.

*Metaplanet Acquires Additional 1,234 $BTC, Total Holdings Reach 12,345 BTC* pic.twitter.com/ppeGIrfVfe

— Metaplanet Inc. (@Metaplanet_JP) June 26, 2025

According to a Thursday filing, the company paid an average of $107,557 per Bitcoin in the latest purchase. With this acquisition, Metaplanet’s total Bitcoin stash has grown to 12,345 BTC — now valued at around $1.3 billion based on current market rates. Metaplanet CEO Simon Gerovich posted on X that the company now holds more Bitcoin than Tesla. Data from bitcointreasuries.net shows that Tesla currently holds 11,509 BTC.

As of June 26, 2025, Metaplanet has gained 315% on its Bitcoin this year, with a strong focus on growing its treasury.

1, 2, 3, 4, 5… liftoff.
We just climbed past Tesla on the BTC leaderboard.
Bolder. Faster. Harder.@elonmusk — meet you on Mars 🪐 pic.twitter.com/J7EcKKWitt

— Simon Gerovich (@gerovich) June 26, 2025

Metaplanet Sets 210K BTC Goal by 2027

Metaplanet initially planned to reach 21,000 BTC by 2026, but it has now set much higher goals. The previous “21 Million Plan” has been replaced with the more ambitious “555 Million Plan.” The company said that 96% of funds from the 555M Plan will go toward buying Bitcoin, while the rest will be used for bond redemptions and earning yield. Under its updated plan, Metaplanet aims to reach 30,000 BTC by end-2025, 100,000 BTC by 2026, and 210,000 BTC by 2027. Reaching this goal would give the company 1% of Bitcoin’s total supply, making it one of the largest holders worldwide.

Thrilled to announce Asia’s largest-ever equity raise to buy Bitcoin — again! 🚀 This time: $5.4 billion to accelerate our Bitcoin strategy. Our new target: 210,000 BTC by 2027.

Details here: https://t.co/ahL27o9QBg pic.twitter.com/njYybVq1uu

— Simon Gerovich (@gerovich) June 6, 2025

A day after announcing its new plan, Metaplanet raised 74.9 billion yen (approximately $515 million) in equity by issuing 54 million shares through the exercise of its 20th series stock acquisition rights.

10% of the 555 Million Plan executed on Day 1. ¥74.9B ($0.5B+) raised. https://t.co/53bjAT6Egm

— Simon Gerovich (@gerovich) June 25, 2025

The company also announced that its board has approved up to $5 billion in funding for its U.S.-based subsidiary, Metaplanet Treasury Corp, located in Florida. This capital will support the expansion of its Bitcoin treasury strategy and help grow its footprint in the U.S. market.

*Notice of Additional Capital Contribution to U.S. Subsidiary* pic.twitter.com/5dWd5Y3s40

— Metaplanet Inc. (@Metaplanet_JP) June 24, 2025

Stock Sees Minor Drop

Metaplanet is seeing strong returns through its Bitcoin treasury strategy. The company has also increased its BTC purchases as more public firms, including GameStop, Semler Scientific, and others, begin adding Bitcoin to their balance sheets. Meanwhile, MicroStrategy, led by Michael Saylor, remains the largest corporate holder of Bitcoin, now owning 592,345 BTC after adding 245 more this week. Similarly, Metaplanet is using equity-based funding to expand its Bitcoin holdings and give investors exposure to BTC through its stock.

Metaplanet Inc (3350.T) saw its stock price rebound earlier in the day but slipped following news of its latest Bitcoin purchase. On Thursday, the stock closed 1% lower at 1,574 yen, after trading between 1,503 and 1,616 yen over 24 hours. According to Yahoo Finance, Metaplanet’s stock has fallen more than 12% over the past month but is still up nearly 353% year-to-date in 2025. Bitcoin has continued its upward trend over the past 24 hours, now trading 0.89% higher at $108,047.