Metaplanet passes Tesla in bitcoin holdings as Pompliano’s ProCap overtakes GameStop

The bitcoin treasury race is heating up. With its latest bitcoin purchase of 1,234 bitcoin, Metaplanet is now the seventh-largest corporate bitcoin holder (jumping from 10th place), with 12,345, surpassing Tesla, which holds 11,509 bitcoin.

Earlier this week, Metaplanet announced it will contribute an additional $5 billion for its Florida-based US subsidiary, which it established on May 1 as it moves into a “more aggressive stage of expansion.” The company aims to hold 210,000 bitcoin by the end of 2027.

Meanwhile, entrepreneur Anthony Pompliano’s newly established ProCap BTC, a bitcoin-native financial services company, acquired 1,208 bitcoin, bringing its stash to 4,932 bitcoin. It aims to hold up to $1 billion in bitcoin on its balance sheet.

As Pompliano posted on X, the company now holds more bitcoin than GameStop, which holds 4,710 bitcoin.

Of course, Strategy, the largest corporate bitcoin holder, also continued to stash away, acquiring 245 bitcoin and boosting its holdings to 592,345. This was its smallest bitcoin acquisition since March 17, according to Bitcoin Treasuries data.

Outside the US, Brazilian fintech company Méliuz acquired 275 bitcoin, now holding 595.67 bitcoin to become the largest public bitcoin holder in Latin America.

Finally, France-based The Blockchain Group, “Europe’s first bitcoin treasury company,” acquired 75 bitcoin for €6.9 million ($8.09 million) and now holds 1,728 bitcoin.