Japanese tech firm Metaplanet has made headlines by acquiring 1,234 additional Bitcoins, pushing its total stash to 12,345 BTC—overtaking Tesla, which holds 11,509 BTC. The purchase, disclosed in a corporate filing, was made at an average price of ¥15.6 million (~$108,000) per Bitcoin.

This move solidifies Metaplanet’s position as the 7th largest corporate Bitcoin holder globally, placing it just behind CleanSpark, a U.S.-based mining firm with 12,502 BTC.

Rapid Accumulation Strategy

Metaplanet isn’t slowing down. Backed by its aggressive “555 Million Plan”, the company aims to accumulate 201,112 BTC by 2027, committing over $21 billion at today’s prices. Earlier targets included reaching 100,000 BTC by 2026, highlighting the company’s long-term commitment to Bitcoin as a treasury asset.

The funding for these acquisitions will be supported by a fresh capital injection of up to $5 billion, recently approved by the board.

A Growing Corporate Trend

Metaplanet’s strategy is part of a broader institutional pivot toward Bitcoin. Other firms, such as Nakamoto Holdings, Parataxis, and The Blockchain Group, are similarly increasing their exposure. Norwegian exchange Block Exchange saw its stock surge 138% after announcing its BTC treasury initiative.

This growing trend underscores a shift in perception: Bitcoin is no longer just a speculative asset—it’s being recognized as a long-term strategic reserve by major players.

Market Implications

As more corporations pivot to Bitcoin, the available supply tightens, adding bullish pressure to long-term price action. With Metaplanet aiming to become a mega-holder, investors are watching closely for signals of supply scarcity and institutional momentum.

Still, volatility and regulatory scrutiny remain key risks, and such aggressive strategies are not without potential downsides.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice.