Metaplanet Adds 2,823 Bitcoin As Holdings Reach 43,000 BTC

Metaplanet acquired an additional 2,823 Bitcoin, raising its total treasury holdings to 43,000 BTC as the Tokyo-listed company continued its aggressive Bitcoin balance-sheet strategy.

The latest purchase was valued near ¥35.89 billion, or about $221 million, at an average purchase price of roughly ¥12.7 million per Bitcoin. The move lifted Metaplanet from 40,177 BTC at the end of the first quarter to 43,000 BTC after the new disclosure.

Treasury trackers now place Metaplanet among the largest public corporate Bitcoin holders. Metaplanet holds 43,000 BTC, about 0.205% of total Bitcoin supply.

The company remains one of the clearest Asian examples of the corporate Bitcoin treasury model. Metaplanet describes itself as Japan’s first publicly listed Bitcoin treasury company and says its strategy is built around acquiring and holding BTC as a long-term reserve asset while optimizing Bitcoin per share.

Bitcoin Income Business Adds Q2 Revenue

Metaplanet also reported ¥1.747 billion in second-quarter revenue from its Bitcoin Income Generation business. That figure was about $11 million and brought first-half FY2026 revenue from the business to ¥4.717 billion.

The income business is separate from simply holding Bitcoin on the balance sheet. Metaplanet has used Bitcoin-related strategies to generate operating revenue while continuing to expand its BTC position. The latest quarter’s income helped reduce the effective acquisition cost of the new Bitcoin purchase below the headline average price.

The company reported a 6.6% BTC Yield for the quarter, a metric it uses to measure growth in Bitcoin per fully diluted share. That number matters for shareholders because Metaplanet funds accumulation through capital-market activity, including equity-linked financing and debt, making dilution and BTC-per-share growth central to the investment case.

The latest update follows a difficult first-quarter backdrop. Metaplanet previously posted a large Q1 loss as Bitcoin markdowns overwhelmed operating growth, even though the company ended March with 40,177 BTC and remained one of the largest corporate holders globally.

Treasury Strategy Still Depends On Bitcoin Recovery

Metaplanet’s latest purchase increases its exposure just as Bitcoin rebounds from recent stress near the high-$50,000 range. BTC traded near $60,051 at the latest market check, with an intraday low of $58,279 and a high of $61,030.

The company’s treasury strategy gives shareholders amplified exposure to Bitcoin’s price, but it also keeps the stock tied to dilution, debt, BTC volatility and the market’s view of Bitcoin treasury companies. A higher BTC balance can strengthen the long-term reserve story, while a prolonged Bitcoin drawdown can put pressure on net asset value, funding costs and investor confidence.

That pressure has already become visible across other Bitcoin treasury structures. Strategy recently introduced a Digital Credit Capital Framework that added preferred-stock buybacks, a higher STRC dividend rate and a BTC monetization program, showing how large Bitcoin holders are adapting their capital structures during weaker market conditions.