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Metaplanet Beats Tesla, Coinbase To Become 5th Largest Corporate Bitcoin Holder: CEO Says “More Purchases Coming”

  • Metaplanet has become the fifth-largest corporate Bitcoin holder globally, surpassing Tesla and Coinbase, by acquiring 13,350 Bitcoin.
  • The Japanese company recently made a significant purchase of 1005 BTC, totaling $108 million, to bolster its holdings.
  • Metaplanet plans to issue 0% ordinary bonds worth ¥30 billion ($207 million) to fund future Bitcoin purchases.
  • CEO Simon Gerovich revealed Metaplanet's rapid growth in BTC holdings, aiming to swiftly build a robust Bitcoin treasury.

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