Metaplanet Deepens Bitcoin Bet With $170M Acquisition, Reaching 43K BTC Stack

The Japanese firm, now the world’s third-largest publicly traded Bitcoin holder, also reported stronger performance from its Bitcoin Income Generation segment.

Metaplanet (3350) said it has acquired an additional 2,823 BTC worth roughly $170.7 million, increasing its total holdings to 43,000 BTC, or about $2.6 billion in value.

The latest purchase further solidifies its ranking as the third-largest corporate Bitcoin holder among listed companies, behind only Strategy (MSTR) and Twenty One Capital (XXI), according to Bitcoin Treasuries data.

Following the announcement, Metaplanet shares climbed 3.5% to 207 yen ($1.28) on Thursday.

In addition to the Bitcoin acquisition, the company reported second-quarter FY2026 results for its Bitcoin Income Generation business, which generated about 1.75 billion yen ($10.85 million) in operating revenue. That brought first-half revenue to roughly 4.72 billion yen.

Metaplanet earns income through Bitcoin options strategies while steadily expanding its BTC treasury. Over the past 12 months, the division has generated approximately 11.4 billion yen in revenue.

The latest update highlights Metaplanet’s dual strategy of aggressive Bitcoin accumulation alongside recurring income generation from its crypto-focused operations.