Metaplanet Inc. (OTC:MTPLF) has secured its position as the world’s sixth-largest public company Bitcoin (CRYPTO: BTC) treasury, holding 20,000 bitcoins according to BitcoinTreasuries data.
Japanese Firm Climbs Corporate Bitcoin Rankings
The Japanese firm trails behind MicroStrategy Inc. (NASDAQ:MSTR) with 632,457 bitcoins and MARA Holdings Inc. (NASDAQ:MARA) with 50,639 bitcoins.
Strategic Corporate Governance Changes
On Monday, Metaplanet shareholders approved three critical proposals during an extraordinary meeting. The company increased authorized shares to 2.723 billion, established provisions for Class A and Class B shares, and enabled virtual-only shareholder meetings.
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Market Context and Rankings
Metaplanet’s 20,000 bitcoin holdings place it ahead of major players, including Riot Platforms Inc. (NASDAQ:RIOT) with 19,239 bitcoins and Trump Media & Technology Group Corp. (NASDAQ:DJT) with 15,000 bitcoins.
Notable companies below Metaplanet include Tesla Inc. (NASDAQ:TSLA) with 11,509 bitcoins and Coinbase Global Inc. (NASDAQ:COIN) with 11,776 bitcoins.
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