Metaplanet Adds 2,823 Bitcoin, Reaches 43,000 BTC And Becomes World’s Third Largest Corporate Treasury
Metaplanet crossed the 43,000 BTC threshold on July 2, a milestone that positions the Tokyo-listed company as the world’s third largest Bitcoin holder. The company now trails Strategy and Twenty One Capital in the global corporate rankings, and its rise underscores Japan’s role in the race to capitalize on corporate Bitcoin.
Metaplanet acquired an additional 2,823 BTC during the second quarter of 2026, a purchase worth approximately $170.7 million. The purchase brought the holding amount to 43,000 BTC, which is approximately $2.6 billion. Shares of the company (ticker 3350) closed 3.5% higher at 207 yen ($1.28) on Thursday following the announcement.
The average amount of acquisitions for the quarter reached about 12.71 million yen (about $80,000) per Bitcoin, according to the company. The effective purchase price dropped to about 12.09 million yen (about $77,000) when income from the company’s Bitcoin Income Generation business is included.
That division generated about 1.75 billion yen ($10.85 million) in operating income for the quarter, boosting revenue for the first quarter to about 4.72 billion yen. For the 12 consecutive months, the division’s revenue reached approximately 11.4 billion yen.
Metaplanet’s total Bitcoin investments now stand at about 659.25 billion yen (about $4.2 billion), with shares valued at close to 409 billion yen (about $2.6 billion) as of June 30. The average cost base remains at 15.33 billion yen (about $ 102,500) per BTC.
The company reported a BTC Yield of 6.6% for the quarter ended June 30, 2026, a metric that tracks the growth of Bitcoin per share. That figure remains a key indicator of the strategies of treasury companies of this type.
The business Bitcoin leaderboard is now well defined. Strategy, formerly MicroStrategy, leads with holdings of more than 847,000 BTC. Twenty One Capital took second place. Metaplanet takes third, a position that puts it ahead of other big players like MARA Holdings, according to data tracked by Bitcoin Treasuries.
Michael Saylor marked the event at X, writing on Twitter, “Congratulations to Metaplanet for reaching ₿43,000 and becoming the #3 corporate Bitcoin treasury in the world. Proving that the Bitcoin treasury strategy is global.”
The strategy behind Metaplanet
Metaplanet has grown rapidly since adopting the treasury model in 2024. CEO Simon Gerovich used equity offerings, debt instruments, and options strategies to build the position, a method designed to limit the shareholder outflows that come with large corporate acquisitions. The Bitcoin Income Generation business uses Bitcoin options to create recurring cash flow while the company expands its holdings.
The balance sheet leaves room for growth. The total debt and preferred stock represent about 23% of the company’s total Bitcoin assets, a cushion that gives Metaplanet the ability to continue buying.
The dual model, one part aggressive accumulation and one part recurring revenue, cements Japan as a growing force in the corporate push to embrace Bitcoin as a reserve asset.
