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, the Japanese firm spent roughly 35.9 billion yen ($222 million) on the purchases over the past three months, translating to an average cost of 12.7 million yen ($78,608) per bitcoin. The acquisition occurred during a period when bitcoin fell 20.4% from $73,580 to $58,558 by the end of the quarter.
Metaplanet Spent 35.9 Billion Yen on Q2 Bitcoin Purchases
Metaplanet's July 2 disclosure shows the company spent approximately 35.9 billion Japanese yen ($222 million) purchasing bitcoin over the second quarter. The average purchase price stood at 12.7 million yen ($78,608) per bitcoin. The total purchase cost of its bitcoin treasury reached 659.2 billion yen ($4.07 billion), representing an average cost of 15.3 million yen ($94,792) per bitcoin across all acquisitions.
Metaplanet's Acquisition Pace Slowed from Previous Quarters
The latest disclosure shows Metaplanet's pace of acquisition has slowed compared to previous quarters. The firm bought 17,473 BTC in Q3 2025, 4,279 BTC in Q4, and 5,075 BTC in Q1 2026, before purchasing 2,823 BTC in Q2. Metaplanet aims to accumulate 100,000 BTC by the end of this year and 210,000 BTC by the end of 2027.
Bitcoin Income Generation Program Generated $10.95 Million in Q2
During the second quarter, Metaplanet generated $10.95 million worth of revenue from its Bitcoin Income Generation program. The program involves the use of bitcoin options for additional returns.
Bitcoin Declined 20.4% During Second Quarter
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. Bitcoin is currently trading at $60,360, up 2.9% in the past 24 hours leading up to 4:45 a.m. ET on Thursday.
Metaplanet Acquiring Siiibo Securities for $13 Million
Earlier this month, Metaplanet announced 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. The acquisition aims to develop and distribute bitcoin-linked yield products directly to investors in the country.
Metaplanet Stock Rose 3.5% in Japan Trading
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.
FAQ
How much bitcoin did Metaplanet acquire in Q2?
Metaplanet acquired 2,823 bitcoin during the second quarter, spending approximately 35.9 billion yen ($222 million) at an average cost of 12.7 million yen ($78,608) per bitcoin.
What is Metaplanet's total bitcoin holdings?
Metaplanet's total bitcoin holdings reached 43,000 BTC following the Q2 acquisition, with a total purchase cost of 659.2 billion yen ($4.07 billion) and an average cost of 15.3 million yen ($94,792) per bitcoin.
What is Metaplanet's bitcoin accumulation target?
Metaplanet aims to accumulate 100,000 BTC by the end of this year and 210,000 BTC by the end of 2027.