Japanese investment firm Metaplanet has grown its Bitcoin treasury by buying 2,823 BTC, bringing its total to 43,000 BTC as of June 30. This is the company’s first big Bitcoin purchase after a three-month break and completes its second-quarter buying plan. Metaplanet spent 35.89 billion yen (about $222 million) on this purchase and reported income from its Bitcoin business, which lowered its overall acquisition cost. Even with this addition, the company still needs to buy 57,000 more Bitcoin to reach its goal of holding 100,000 BTC by the end of 2026.
The company said it bought the latest Bitcoin at an average price of just over 12.7 million yen per coin. This raised Metaplanet’s holdings from 40,177 BTC at the end of March to 43,000 BTC, making it one of the largest corporate Bitcoin holders in the world.
Metaplanet said the recent purchases helped lower its average cost for all its Bitcoin. The average price dropped from 15.51 million yen per coin to 15.3 million yen, showing more efficient buying this quarter. Overall, the company has invested about 659 billion yen in its Bitcoin treasury.
Along with buying Bitcoin, Metaplanet is earning income from its digital asset strategy. In the second quarter, it made about 1.747 billion yen (around $10.95 million) from its Bitcoin Income Generation business. After factoring in this revenue, the effective cost for the latest purchases dropped to 34.14 billion yen, or about 12.09 million yen per Bitcoin.
While this latest purchase moves Metaplanet closer to its long-term goal, there is still a long way to go. To reach 100,000 BTC by the end of 2026, the company needs to buy another 57,000 Bitcoin in the coming months. This aggressive buying shows Metaplanet’s strong belief that Bitcoin will be key to its future business.
Interestingly, the company’s stock has not mirrored the growth in its Bitcoin holdings. Despite significantly expanding its treasury this year, Metaplanet’s shares have remained under pressure and are down sharply on a year-to-date basis. The decline highlights that investors continue to weigh broader market conditions and execution risks alongside the company’s ambitious Bitcoin strategy.
Metaplanet is also expanding in Japan’s financial sector. It plans to buy Siiibo Securities in a deal worth about $13 million, with the transaction expected to close this month. After the acquisition, the brokerage will be renamed Metaplanet Securities.
CEO Simon Gerovich called the acquisition Metaplanet’s first major corporate takeover and the first real step in Project Nova, which aims to build a Bitcoin-focused financial ecosystem in Japan. By combining its growing Bitcoin treasury with traditional financial services, Metaplanet wants to become a top digital asset financial institution in the country. The latest Bitcoin purchase and move into securities show the company is following a bigger long-term plan, not just collecting Bitcoin.
*Metaplanet Acquires Additional 2,823 Bitcoin, Total Holdings Reach 43,000 BTC* pic.twitter.com/j3j4mvjiOr
— Metaplanet Inc. (@Metaplanet) July 2, 2026
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