Metaplanet’s Bitcoin Holdings Surge to 20,000 BTC, Will it Outpace Strategy?

Japanese Bitcoin firm Metaplanet has made a significant move in its Bitcoin holdings, investing another $112 million to purchase an additional 6.48 billion Japanese yen worth of Bitcoin, bringing their total holdings to 20,000 BTC. This latest acquisition puts the company on track to potentially challenge Strategy’s lead as one of the largest corporate Bitcoin holders. While Metaplanet’s success highlights its shift into a dedicated Bitcoin treasury operation, can they overcome Michael Saylor-led Strategy’s dominance in the cryptocurrency market?