Quick Take
- Metaplanet disclosed that it bought 2,823 BTC during the second quarter.
- The latest quarterly amount of bitcoin acquisition was notably smaller than those in previous quarters.
Metaplanet announced on Thursday that it acquired 2,823 bitcoin during the second quarter, bringing its total holdings to 43,000 BTC.
According to its July 2 disclosure, Metaplanet spent roughly 35.9 billion Japanese yen ($222 million) on purchasing bitcoin over the past three months, which translates into 12.7 million yen ($78,608) per bitcoin.
The total purchase cost of its bitcoin treasury stood at 659.2 billion yen ($4.07 billion), representing an average cost of 15.3 million yen ($94,792) per bitcoin.
During the second quarter, Metaplanet also generated $10.95 million worth of revenue from its Bitcoin Income Generation program, which involves the use of bitcoin options for additional returns.
The Japanese firm's latest disclosure shows that its pace of acquisition has slowed — it bought 17,473 BTC in Q3 2025, 4,279 BTC in Q4 and 5,075 BTC in Q1 2026. It aims to accumulate 100,000 BTC by the end of this year, and 210,000 BTC by the end of 2027.
Bitcoin and the wider cryptocurrency market faced significant downside pressure during the second quarter. The world's largest cryptocurrency fell to $58,558 at the end of the quarter from $73,580, showing a 20.4% quarterly decline. It is currently trading at $60,360, up 2.9% in the past 24 hours leading up to 4:45 a.m. ET on Thursday.
Earlier this month, Metaplanet announced that it is acquiring Siiibo Securities, a licensed Type I securities firm and a major player in Japan's online corporate bond market, for roughly $13 million to develop and distribute bitcoin-linked yield products directly to investors in the country.
Meanwhile, Metaplanet's Japan-listed stock rose 3.5% on Thursday, closing at 207 yen ($1.28). Its U.S. OTC Markets-listed stock, MTPLF, rose 2.42% to $1.27 on Wednesday.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.