Metaplanet, a Japanese investment firm listed on the Tokyo Stock Exchange, has surpassed Tesla in bitcoin holdings by adding 1,234 more BTC to its treasury.
With this acquisition, the firm accumulates a total of 12,345 BTC, compared to the 11,509 BTC held by the electric vehicle company led by Elon Musk.
Metaplanet is the seventh company with the most bitcoin in its treasury. Source: Bitcoin Treasuries.
The recent purchase, made at an average price of $95,000 per bitcoin, brings the total amount invested in this transaction to $117 million.
Combined, Metaplanet's holdings are worth $1.323 billion, with an average price per bitcoin of about $86,600.
Simon Gerovich, CEO of Metaplanet, celebrated the victory with a defiant message: “We just overtook Tesla in the BTC rankings. Bolder. Faster. Harder. Elon Musk, see you on Mars.”
Additionally, the company has just raised $515 million to strengthen its Bitcoin-focused treasury strategy. This fundraising is part of the ambitious "555 Million Plan," which includes issuing 555 million new shares, equivalent to 92% of the outstanding shares, with the goal of raising $5 billion for future purchases of the currency.
The Japanese company maintains a clear goal: to reach 30,000 BTC before the end of 2025. In the long term, its aspirations are even bolder, with plans to accumulate 100,000 BTC in 2026 and 210,000 BTC by 2027.
