Japan-based Metaplanet announced on July 2 that it purchased 2,823 Bitcoin. With this purchase, the company’s total Bitcoin assets increased to 43,000 BTC. The company did not share the price at which the last purchase was made.
Purchases continued throughout the year
Metaplanet stood out among companies that continued to accumulate Bitcoin throughout this year. The company, which purchased 5,075 BTC in the first quarter of fiscal 2026, spent approximately $405 million for these purchases. The average purchase cost was announced as approximately $79,898 per Bitcoin.
In its post dated July 2, Metaplanet announced that it received another 2,823 BTC and reported that the total institutional Bitcoin assets reached 43,000 BTC.
The company reached 40,177 BTC at the end of the first quarter, and increased this amount to 43,000 BTC with additional purchases in the following months. This level made Metaplanet one of the companies with the largest Bitcoin reserves among publicly traded companies. The company had previously surpassed MARA Holdings and rose to the third place in this ranking.
Approached the top ranks in corporate procurement
According to BitcoinTreasuries.net data, public companies added a total of approximately 9,000 BTC to their balance sheets in June. In the same period, Strategy made a net purchase of 3,625 BTC and Strive made a net purchase of 3,364 BTC. MARA Holdings’ monthly increase was 1,000 BTC. BitcoinTreasuries.net is known as a data platform that tracks institutional Bitcoin reserves.
| Company | Period | Net BTC exchange |
|---|---|---|
| Strategy | June | 3,625 BTC |
| Strive | June | 3,364 BTC |
| MARA Holdings | June | 1,000 BTC |
| metaplanet | July 2 intake | 2,823 BTC |
Metaplanet’s last acquisition took place on the first trading day of July. Although not included in June data due to timing, the transaction size moved the company into a similar buying range as Strategy and Strive. In the same period, some companies reduced their reserves. Fold Holdings sold approximately 634 BTC, Nakamoto Inc 591 BTC and Hive Digital 331 BTC.
No shares were issued, no buybacks
Metaplanet also announced in June that it did not issue new shares through the exercise of share acquisition rights. The company has 947,300 outstanding warrants convertible into 94.73 million shares. The exercise price of these warrants was between 220 yen and 295 yen last month, and it was stated that none of them were exercised.
The company also did not repurchase shares in June. While this table showed that no dilutive capital increase was made in the relevant month, it indicated that this flexibility continued to be preserved in the future.
Bitcoin strategy expands to financial products
Metaplanet is trying to establish a structure that is not limited to just accumulating Bitcoin. The company acquired Siiibo Securities, a regulated brokerage firm based in Tokyo, in June for approximately 2.1 billion yen. The fact that Siiibo Securities is a licensed brokerage firm operating in Japan draws attention in terms of Metaplanet’s plans on the financial product side.
It was announced that after the acquisition, the subsidiary’s name would be changed to Metaplanet Securities and it would be included in the Project Nova initiative. This initiative aims to develop Bitcoin-linked bonds, tokenized securities and other digital asset products.
The company announced that Bitcoin revenue generation activity accounts for the majority of its total revenue, with approximately 95% of total revenue coming from this line of business in fiscal 2025.
According to the company’s 2025 fiscal year results published in February, annual revenue increased to 8.9 billion yen. This figure indicated a 738% increase compared to the previous year. Operating profit also increased by 1,694.5% on an annual basis. On the other hand, the net loss for the period was 95 billion yen due to a Bitcoin valuation loss of 102.2 billion yen, which did not create a cash outflow.
As of July 2, Bitcoin was trading at approximately $60,100, while Metaplanet’s average acquisition cost announced in February was $107,716 per Bitcoin. Therefore, the company’s 43,000 BTC position carries a significant unrealized loss on paper.
