Tokyo-based Metaplanet becomes the third-largest public holder of Bitcoin, bolstering its revenue through strategic acquisitions.
Metaplanet has announced the acquisition of an additional 2,823 BTC, valued at approximately $170.7 million, bringing its total Bitcoin holdings to 43,000 BTC, equivalent to around $2.6 billion. This acquisition positions the Japanese firm as the third-largest publicly traded holder of Bitcoin, following MicroStrategy and Twenty One Capital.
In response to the news, Metaplanet's stock rose by 3.5%, reaching 207 yen ($1.28) on the Tokyo Stock Exchange. The company also reported its financial results for the second quarter of fiscal year 2026, revealing a revenue of about 1.75 billion yen ($10.85 million) from its Bitcoin Income Generation segment for the quarter, totaling approximately 4.72 billion yen ($29.30 million) for the first half of the fiscal year.
Metaplanet utilizes Bitcoin options to generate consistent income while simultaneously expanding its Bitcoin reserves. Over the past year, the revenue from this segment has reached roughly 11.4 billion yen. This strategic approach underscores the company's commitment to aggressively acquiring Bitcoin while ensuring a steady cash flow from its operations.
