Japanese public company Metaplanet Inc. bought another 1,234 bitcoin on 26 June for about $132.7 million, paying an average $107,557 per coin. The purchase lifts the Tokyo-listed firm’s treasury to 12,345 BTC—worth roughly $1.33 billion at current prices—and pushes it past Tesla’s 11,509 BTC to become the fifth-largest corporate holder of the cryptocurrency. The latest deal caps a busy week for the company. On 23 June it spent $118.2 million on 1,111 BTC, and a day later its board approved up to $5 billion in fresh capital for U.S.-based Metaplanet Treasury Corp. to accelerate bitcoin accumulation. Metaplanet funded the initiative in part by raising ¥75 billion ($517 million) through a share sale on 25 June, issuing 54 million new shares at ¥1,388 apiece. Management aims to grow holdings to 210,000 BTC by the end of 2027. Metaplanet’s aggressive strategy mirrors that of MicroStrategy, which leads corporate bitcoin treasuries with more than 570,000 BTC. The move highlights renewed corporate interest in holding the token as a primary reserve asset after bitcoin’s gain of more than 300% so far this year.