Top Public Companies by Bitcoin Holdings

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

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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.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.