Metaplanet Buys 2,823 BTC in Q2, Pushes Holdings to 43,000 as Average Cost Falls to $106,500

According to a July 2 regulatory filing, Metaplanet acquired 2,823 Bitcoin during the second quarter at an average price of approximately $88,300 per coin, pushing its total holdings to 43,000 BTC. The Japanese investment firm has reduced its overall average acquisition cost to roughly $106,500 from $107,700, with total holdings valued at approximately $4.5 billion.

Metaplanet's continued accumulation contrasts with larger rival Strategy, which paused its usual weekly purchases in June while unveiling a new capital framework. The company also generated approximately $10.95 million in quarterly revenue from its Bitcoin income strategy, which earns premiums through cash-secured options and yield-generating approaches. Metaplanet shares closed 3.5% higher on the announcement but remain down 48% year-to-date, significantly outpacing Bitcoin's 31% decline over the same period.