Japan-based Metaplanet announced on July 2 that it had purchased an additional 2,823 Bitcoin. With this latest acquisition, the company’s total Bitcoin holdings have climbed to 43,000 BTC. The company did not disclose the exact purchase price for this latest batch.
Consistent accumulation throughout the year
Metaplanet has distinguished itself in 2024 as one of the most active companies accumulating Bitcoin. In the first quarter of its 2026 fiscal year, the firm acquired 5,075 BTC, investing roughly $405 million. This brought its average purchase price to approximately $79,898 per Bitcoin, according to official disclosures.
In its July 2 announcement, Metaplanet reported it had acquired an additional 2,823 BTC, raising its corporate Bitcoin reserves to 43,000 BTC.
By the end of the first quarter, Metaplanet’s holdings had reached 40,177 BTC. Subsequent purchases pushed its reserves to the current level. These acquisitions position Metaplanet among the largest public companies in terms of Bitcoin holdings, recently overtaking MARA Holdings to claim third place in the global rankings.
Climbing the corporate Bitcoin leaderboard
According to data from BitcoinTreasuries.net, public companies added nearly 9,000 BTC to their balance sheets in June alone. During the month, Strategy acquired 3,625 BTC, while Strive added 3,364 BTC. MARA Holdings increased its holdings by 1,000 BTC. BitcoinTreasuries.net is widely regarded as a leading platform tracking institutional Bitcoin reserves.
Metaplanet’s most recent purchase took place on the first trading day of July, which means it was not included in June’s statistics. However, the acquisition’s scale places the firm on par with major buyers like Strategy and Strive. In contrast, some companies were net sellers in the same period: Fold Holdings sold about 634 BTC, Nakamoto Inc offloaded 591 BTC, and Hive Digital sold 331 BTC.
No new share issuance or buybacks
Metaplanet clarified that it did not issue new shares through warrant exercises in June. Currently, the company has 947,300 outstanding warrants, convertible into 94.73 million shares. The exercise price for these warrants ranged between 220 yen and 295 yen last month, but none of them were exercised.
Additionally, the company did not engage in any share buybacks during the same period. This suggests that Metaplanet made no dilutive capital increases in June, but reserves the flexibility for such actions in the future if needed.
Expanding the Bitcoin-focused strategy into finance
Metaplanet’s ambitions extend beyond Bitcoin accumulation, with the company actively seeking to build a broader financial ecosystem. In June, it acquired Tokyo-based, regulated brokerage Siiibo Securities for approximately 2.1 billion yen. The brokerage’s licensed status is seen as pivotal for Metaplanet’s plans to launch new financial products in Japan.
Following the acquisition, Siiibo Securities will be renamed Metaplanet Securities and integrated into the company’s Project Nova initiative. The program aims to develop Bitcoin-linked bonds, tokenized securities, and a range of digital asset products for institutional investors.
Metaplanet stated that Bitcoin-based revenue accounted for the majority of its total income, contributing about 95% to the company’s revenue for the 2025 fiscal year.
According to financial results published in February, Metaplanet’s revenue for fiscal year 2025 reached 8.9 billion yen, representing a year-over-year increase of 738%. Operating profit surged by 1,694.5%. However, the company reported a net loss of 95 billion yen due to unrealized Bitcoin valuation losses totaling 102.2 billion yen, which did not impact cash flow.
As of July 2, Bitcoin was trading at around $60,100. Metaplanet’s average purchase price per Bitcoin, revealed in February, stood at $107,716. This leaves the company facing significant unrealized losses on its 43,000 BTC position, at least on paper.
