Metaplanet has announced the purchase of an additional 2,823 BTC worth roughly $170.7 million, lifting its total treasury to 43,000 BTC valued at about $2.6 billion.
The Tokyo-listed firm’s latest buy confirms its standing as the world’s third largest publicly traded company holding bitcoin, trailing only Strategy and Twenty One Capital, according to Bitcoin Treasuries data.
Stock climbs on the news
Shares of Metaplanet closed 3.5% higher at 207 yen ($1.28) on Thursday after the announcement.
The move reflects continued investor interest in the company’s bitcoin-focused approach, which has drawn comparisons to Michael Saylor’s Strategy.
Income business posts strong quarter
Alongside the bitcoin purchase, Metaplanet released second quarter FY2026 results for its Bitcoin Income Generation business.
The division brought in roughly 1.75 billion yen ($10.85 million) in operating revenue during the quarter, pushing first-half revenue to approximately 4.72 billion yen ($29.30 million).
Metaplanet uses bitcoin options to generate recurring income while continuing to expand its holdings.
On a trailing 12-month basis, revenue from the business reached roughly 11.4 billion yen.
A dual strategy
The results underscore Metaplanet’s two-pronged approach of aggressively stacking bitcoin while producing steady cash flow from its options-based income arm.
That combination sets the firm apart from many treasury companies that simply accumulate and hold, giving it a source of recurring revenue to support ongoing purchases.
