Japanese firm Metaplanet purchased 2,823 Bitcoin during the second quarter, bringing its total treasury to 43,000 Bitcoin. The company also reported revenue from its Bitcoin income generation strategy.
Metaplanet announced the acquisition of 2,823 Bitcoin for approximately $170.7 million. This purchase increased the firm's holdings to 43,000 Bitcoin valued at $2.6 billion.
The Tokyo-listed company now ranks as the third-largest publicly traded Bitcoin holder, behind Strategy and Twenty One Capital. It completed the buys below its average acquisition cost while using debt financing.
Metaplanet's Bitcoin Income Generation business produced $10.85 million in operating revenue for the second quarter and $29.30 million for the first half of fiscal year 2026. The firm generates this income through Bitcoin options.
Shares of Metaplanet closed 3.5 percent higher at 207 yen following the announcement.