By
Jun 26, 2025, 5:05 a.m.
- The firm’s bitcoin stash now trails large crypto firms, MARA, Galaxy, Riot, and Strategy.
- Metaplanet’s average buying price for its bitcoin stash now stands at $98,303.
Metaplanet, the Japanese hotelier that has been scooping up bitcoin
, has become the fifth largest corporate holder of the largest cryptocurrency, racing past Elon Musk’s Tesla.
The Tokyo-listed firm at an average price of $107,877. The latest buy has taken Metaplanet’s bitcoin stash to 12,345 BTC at an average price of $98,303.
STORY CONTINUES BELOW
Metaplanet has been steadily acquiring bitcoin, a strategy that has been copied by a host of firms across the world. The bitcoin reserve strategy was pioneered by Michael Saylor’s Strategy, which remains the largest corporate holder of bitcoin with over 570,000 BTC.
Metaplanet’s latest buy takes its past Tesla’s bitcoin holdings of 11,509 BTC, with the firm only trailing behind large crypto firms, such as MARA, Riot, Galaxy and Strategy.
Read more:
Parikshit Mishra is CoinDesk’s Head of Asia, managing the editorial team in the region. Before joining CoinDesk, he was the EMEA Editor at Acuris (Mergermarket), where he dealt with copies related to private equity and the startup ecosystem. He has also worked as an Senior Analyst for CRISIL, covering the European markets and global economies. His most notable tenure was with Reuters, where he worked as a correspondent and an editor for various teams. He does not have any crypto holdings.
Top Stories
