Top Public Companies by Bitcoin Holdings
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Japanese firm Metaplanet Inc. has climbed to the fifth position on the list of public companies with the largest Bitcoin reserves, according to a new update from BitcoinTreasuries.net.
The company now holds 13,350 BTC, surpassing firms like Galaxy Digital, CleanSpark, and Tesla in total on-balance-sheet Bitcoin.
The update was shared by Simon Gerovich, CEO of Metaplanet, who celebrated the milestone with a post: “We keep climbing. Now #5.”
Updated Ranking: Top Bitcoin Treasury Holders
The latest leaderboard showcases growing corporate interest in Bitcoin as a strategic reserve asset. The top five are:
- MicroStrategy – 592,345 BTC
- MARA Holdings – 49,859 BTC
- XXI – 37,230 BTC
- Riot Platforms – 19,225 BTC
- Metaplanet – 13,350 BTC
Other notable companies in the top 10 include:
- Galaxy Digital – 12,830 BTC
- CleanSpark – 12,502 BTC
- Tesla – 11,509 BTC
- Hut 8 Mining – 10,273 BTC
- Coinbase – 9,267 BTC
Strategic Growth and Accumulation
Metaplanet’s rise comes amid its aggressive acquisition strategy throughout 2025. The firm most recently purchased 1,005 BTC for approximately $108 million, bringing its total holdings to over $1.3 billion in Bitcoin. These moves reflect its stated mission to position itself as Asia’s MicroStrategy, allocating treasury assets into BTC as a long-term hedge against currency debasement and inflation.
With a growing number of public firms adding Bitcoin to their balance sheets, Metaplanet’s jump into the top five highlights a broader trend of institutional adoption and international diversification in Bitcoin treasuries.
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