Japanese Metaplanet ...

Japanese Metaplanet Overtakes CleanSpark to Become Fifth-Largest Bitcoin Holder

By José Oramas July 01, 2025 In Bitcoin, Metaplanet

Metaplanet bought 1,005 more BTC for US$108M via a 30 billion yen zero-interest bond, pushing its total holdings to 13,350 BTC, now the fifth-largest corporate Bitcoin treasury.
The firm overtook Cleanspark and now sits ahead of Tesla, Hut 8, Coinbase, and Block Inc., trailing only Strategy, Marathon Digital, Twenty One Capital, and Riot Platforms.
Shares are up 390% in 2025 as CEO Simon Gerovich touts strong BTC yields of 129.4% for Q2, highlighting continued growth momentum and shareholder gains.

Metaplanet, known as the Asian counterpart of Strategy, climbed past Cleanspark to become the fifth-largest corporate holder of Bitcoin, shortly after locking in another 1,005 BTC for US$108M (AU$164M).

CEO Simon Gerovich confirmed the latest batch cost an average of US$107,601 (AU$164,073) per coin. The buy was funded through a strategic bond move in which Metaplanet issued 30 billion yen (AU$317M) in 0% ordinary bonds from its EVO fund to stack more Bitcoin.

Metaplanet has acquired 1,005 BTC for ~$108.1 million at ~$107,601 per bitcoin and has achieved BTC Yield of 348.8% YTD 2025. As of 6/30/2025, we hold 13,350 $BTC acquired for ~$1.31 billion at ~$97,832 per bitcoin. $MTPLF pic.twitter.com/TdHEEjF5af
— Simon Gerovich (@gerovich) June 30, 2025

The Japanese treasury firm now holds 13,350 BTC, bought at an average of about US$97,832 (AU$149,220) each, putting its total spend near US$1.31B (AU$2.01B). At today’s prices, that stack is worth around US$1.45B (AU$2.21B).

Metaplanet Rises Ranks of BTC HODLers

As Crypto News Australia reported, Metaplanet now sits ahead of Tesla, Hut 8, Coinbase, and Block Inc. in Bitcoin reserves. Only Strategy, Marathon Digital, Twenty One Capital, and Riot Platforms hold more. Cleanspark, the mining company it just overtook, holds 12,502 BTC, according to BiTBO.

Momentum behind the stock matches the buying spree as Metaplanet shares jumped 9% in Japan on Monday and have soared more than 390% since the start of 2025, Google Finance shows. Funny enough, a few months ago Metaplanet was the most shorted stock in Japan. As Gerovich would say, betting against Bitcoin is not really a winning strategy.

Moreover, Georivch recently shared the company’s quarterly BTC yields, which in Q2 2025 came in at 129.4%, an increase of 26.1%. “This continued acceleration shows we are not just maintaining momentum. We are compounding it. Looking forward to delivering even more for our shareholders in Q3,” Gerovich stated.

Meanwhile, Michael Saylor’s strategy recently added 245 Bitcoin to its treasury, the second-smallest weekly purchase in around six months. The company’s BTC holdings now stand at 592,345, nearly AU$92.5B.