Metaplanet, a Japanese firm, acquired an additional 1,234 BTC for $132.7 million, surpassing Elon Musk's Tesla Holdings in Bitcoin ownership and jumping to the seventh position in rankings.
The company has been aggressively buying Bitcoin throughout the year, increasing its holdings tenfold since the beginning of 2025.
Metaplanet now holds a total of 12,345 BTC, with a significant acquisition cost of nearly $1.20 billion, at $97,036 per Bitcoin, and has achieved a remarkable YTD Bitcoin yield of 315%.
The firm announced a $5 billion fundraising campaign for its US subsidiary and the recent BTC purchase halted a decline in Metaplanet's shares, considered by some investors as a buy-the-dip opportunity.