Japan’s Metaplanet buys 1,234 BTC, now holds more than Tesla

Metaplanet has overtaken Tesla in corporate Bitcoin holdings, buying 1,234 BTC and bringing its total to 12,345 BTC as it eyes more expansion.

Metaplanet, Japan’s largest corporate Bitcoin treasury, announced Thursday that it had purchased an additional 1,234 Bitcoin, bringing its total holdings to 12,345 BTC.

The latest acquisition, disclosed in a filing, puts Metaplanet ahead of Tesla’s current Bitcoin stash of 11,509 Bitcoin (BTC).

Metaplanet currently holds the seventh-largest corporate Bitcoin treasury, according to BitcoinTreasuries.NET. The company is also within striking distance of Bitcoin mining firm CleanSpark, with its 12,502 BTC reserve.

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