Metaplanet Expands Bitcoin Holdings Above 43,000 BTC
BITmarkets Team
Jul 02, 2026
According to a Thursday announcement, the company acquired the latest Bitcoin at an average price of approximately 12.71 million yen (around $78,850) per coin. The purchase lowered Metaplanet’s average acquisition cost from roughly $96,258 to $95,117 per Bitcoin. The company now holds 43,000 BTC, acquired for a total of approximately $4.1 billion.
Metaplanet also generated around $10.95 million in revenue during the quarter through its Bitcoin income strategy, which includes selling cash-secured options and deploying other Bitcoin-related yield-generating strategies.
The latest purchase reinforces Metaplanet’s aggressive accumulation strategy, making it one of the world's largest corporate Bitcoin holders. The acquisition also comes shortly after Strategy, the largest corporate Bitcoin holder globally, paused its regular weekly Bitcoin purchases while introducing a new capital framework aimed at supporting dividend payments and strengthening its cash reserves.
Despite the continued accumulation, Metaplanet shares closed 3.5% higher on Thursday but remain 48% lower year-to-date, underperforming Bitcoin, which has declined 31% over the same period.
Some corporate Bitcoin holders begin reducing exposure
While Metaplanet continues expanding its Bitcoin reserves, several corporate treasury companies have started scaling back their cryptocurrency holdings. Nasdaq-listed K Wave Media, based in South Korea, sold its remaining 88 BTC to repay approximately $6 million in debt, according to a filing submitted Tuesday to the US Securities and Exchange Commission.
The decision marks a significant shift in strategy. In July 2025, the company announced plans to build a treasury of 10,000 BTC after securing $1 billion in capital capacity to support its Bitcoin acquisition program.
Corporate treasury strategies continue to diverge
Metaplanet’s latest purchase highlights the increasingly different approaches companies are taking toward corporate Bitcoin treasuries. While some firms continue accumulating Bitcoin despite challenging market conditions, others are choosing to monetize their holdings or reduce exposure to strengthen their balance sheets.
Earlier this year, France-based semiconductor manufacturer Sequans Communications announced plans to gradually monetize its remaining Bitcoin holdings. At the time of the announcement, the company owned 658 BTC, and its shares climbed approximately 14.5% following the news. The contrasting strategies illustrate how corporate Bitcoin holders are adapting to changing market conditions, with some viewing lower prices as a buying opportunity while others prioritize liquidity and debt reduction.
Sources:
https://www.sec.gov/Archives/edgar/data/2000756/000182912626007070/kwavemedia_f3.htm
https://cointelegraph.com/news/metaplanet-buys-2823-btc-surpasses-43000-bitcoin-holdings
