This Company Just Became the World's 2nd-Largest Bitcoin Hoarder and It Has More BTC Than Tesla, SpaceX and Coinbase

Japan-based Metaplanet Inc. (OTC: MTPLF) has become the world's second-largest corporate holder of Bitcoin, amassing a total of 44,000 BTC worth approximately $3.7 billion as of September 30. The company purchased 1,000 BTC in the third quarter, following a strategy of selling 10,000 BTC and buying 11,000 BTC to enhance its creditworthiness. Metaplanet is also planning to enter the U.S. market with a new publicly listed Bitcoin treasury platform, expected to close in Q4 2026. However, the company's stock has declined 28% year-to-date, and its market value has fallen below that of its Bitcoin holdings.