Metaplanet crossed the 43,000 BTC threshold on July 2, a milestone that locations the Tokyo-listed agency because the world’s third-largest company Bitcoin holder. The corporate now trails Technique and Twenty One Capital throughout the worldwide company rating, and its climb underscores Japan’s function within the company Bitcoin accumulation race.
Metaplanet acquired an extra 2,823 BTC through the second quarter of 2026, a purchase order value about $170.7 million. The purchase introduced whole holdings to 43,000 BTC, valued close to $2.6 billion. Shares of the corporate (ticker 3350) closed 3.5% increased at 207 yen ($1.28) on Thursday following the announcement.
The typical acquisition worth for the quarter landed at roughly 12.71 million yen (about $80,000) per Bitcoin, in keeping with the corporate. The efficient buy worth fell to round 12.09 million yen (about $77,000) as soon as earnings from the agency’s Bitcoin Revenue Technology enterprise is counted.
That phase produced roughly 1.75 billion yen ($10.85 million) in working income for the quarter, lifting first-half income to about 4.72 billion yen. On a trailing 12-month foundation, the division’s income reached about 11.4 billion yen.
Metaplanet’s whole Bitcoin funding now stands at roughly 659.25 billion yen (about $4.2 billion), with holdings valued close to 409 billion yen (about $2.6 billion) as of June 30. The general common value foundation sits at 15.33 million yen (about $102,500) per BTC.
The corporate reported a BTC Yield of 6.6% for the quarter ended June 30, 2026, a metric that tracks progress in Bitcoin per share. That determine stays a core indicator for company treasury methods of this kind.
The company Bitcoin leaderboard is now nicely outlined. Technique, the previous MicroStrategy, leads with holdings above 847,000 BTC. Twenty One Capital holds second place. Metaplanet takes third, a place that places it forward of different massive gamers similar to MARA Holdings, in keeping with knowledge tracked by Bitcoin Treasuries.
Michael Saylor marked the event on X, tweeting, “Congrats to Metaplanet on reaching ₿43,000 and turning into the #3 company Bitcoin treasury on the planet. You might be proving that the Bitcoin treasury technique is world.”
The technique behind Metaplanet
Metaplanet has scaled at velocity because it adopted the treasury mannequin in 2024. CEO Simon Gerovich has drawn on fairness choices, debt devices, and choices methods to construct the place, an strategy designed to restrict the shareholder dilution that comes with massive company purchases. The Bitcoin Revenue Technology enterprise makes use of Bitcoin choices to create recurring money circulation whereas the corporate expands its holdings.
The steadiness sheet leaves room to develop. Complete debt and most popular inventory characterize about 23% of the online asset worth of the agency’s Bitcoin, a cushion that offers Metaplanet capability to maintain shopping for.
The twin mannequin, one half aggressive accumulation and one half recurring earnings, cements Japan as a rising pressure within the company push to carry Bitcoin as a reserve asset.