Metaplanet crossed the 43,000 BTC threshold on July 2, a significant milestone that places the Tokyo-listed company as the third-largest bitcoin holder in the world. The company is going now strategy and Twenty One Capital across the global corporate rankings, and their rise underscores Japan’s role in the corporate Bitcoin accumulation race.
Meta Planet It acquired an additional 2,823 BTC during the second quarter of 2026, a purchase worth approximately $170.7 million. The purchase brought total holdings to 43,000 Bitcoin, worth approximately $2.6 billion. The company’s shares (code 3350) closed 3.5% higher at 207 yen ($1.28) on Thursday after the announcement.
The average acquisition price for the quarter was about 12.71 million yen (about $80,000) per Bitcoin. According to To the company. The actual purchase price came down to about 12.09 million yen (about 77,000 USD) once income from the company’s Bitcoin income generation business was factored in.
The segment generated approximately 1.75 billion yen ($10.85 million) in operating income for the quarter, bringing first-half revenue to approximately 4.72 billion yen. On a 12-month basis, the division’s revenue was approximately 11.4 billion yen.
Metaplanet’s total investment in Bitcoin He stands now About 659.25 billion yen (about $4.2 billion), with holdings worth about 409 billion yen (about $2.6 billion) as of June 30. The total average cost basis is 15.33 million yen (about $102,500) per Bitcoin.
The company reported a BTC return of 6.6% for the quarter ending June 30, 2026, a metric that tracks growth in Bitcoin per share. This number remains a key indicator for corporate treasury strategies of this type.
The company’s Bitcoin leaderboard is now well defined. Strategy, formerly MicroStrategy, leads with holdings of over 847,000 BTC. Twenty One Capital is in second place. Metaplanet holds third place, a position that puts it ahead of other big players like MARA Holdings, according to data tracked by Bitcoin Treasuries.
Michael Saylor marked the occasion on X, twitter“Congratulations to Metaplanet on reaching JPY 43,000 and becoming the #3 Bitcoin treasury company in the world. You prove that the Bitcoin treasury strategy is global.”
The strategy behind Metaplanet
Metaplanet has expanded rapidly since it adopted a treasury model in 2024. CEO Simon Jerovic has relied on equity offerings, debt instruments and options strategies to build the position, an approach designed to limit shareholder dilution that comes with large corporate purchases. A Bitcoin income generating business uses Bitcoin options to create recurring cash flow as the company expands its holdings.
The balance sheet leaves room for growth. The total debt and preferred equity represent about 23% of the company’s net bitcoin asset value, a cushion that gives Metaplanet the ability to continue buying.
The dual model, consisting of one part aggressive accumulation and one part recurring income, cements Japan as a rising power as companies seek to hold bitcoin as a reserve asset.
