With over $2 billion now allocated to Bitcoin, Metaplanet has cemented its status as one of the world’s largest corporate Bitcoin holders. Only six public companies hold more BTC, with Strategy—led by Michael Saylor—topping the global list at more than 628,000 BTC. In fact, Metaplanet is frequently dubbed “the Japanese Strategy” for its bold, Bitcoin-focused treasury strategy.
Despite this milestone, Metaplanet still has a long journey ahead. The company’s stated target is an ambitious 210,000 BTC—equal to 1% of the total Bitcoin supply. Their latest purchase marks the first major move in August after a record-setting surge in late July, when 16 companies collectively acquired over $7.8 billion in BTC, setting a new all-time high for corporate accumulation.
Meanwhile, the price of Bitcoin saw a mild weekend correction, briefly dipping to $112,000 before recovering as the week began. With corporate demand for Bitcoin at an all-time high, market participants are closely watching whether this accumulation trend will accelerate in the months ahead.