Japanese investment firm Metaplanet Inc. (OTC:MTPLF) surpassed a couple more Nasdaq-listed companies to become the fifth-largest Bitcoin (CRYPTO: BTC) corporate holder on Monday.
What happened: The Tokyo-headquartered firm announced the additional purchase of 1,005 BTC at an average price of approximately $107,923 per BTC via an X post.
With this grab, Metaplanet’s total holdings have now reached 13,350 BTC, worth $1.4 billion. According to data from Bitcointreasuries.net, this places the company ahead of Galaxy Digital Inc. (NASDAQ:GLXY) and CleanSpark Inc. (NASDAQ:CLSK), making it the fifth-largest Bitcoin-owning corporate. Note that the updated holdings had not yet been reflected on the site as of this writing.