Metaplanet (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion).
The acquisition cements the Tokyo-listed firm as the third-largest publicly traded company holding bitcoin, behind only Strategy MSTR and Twenty One Capital ( XXI ), according to data tracked by Bitcoin Treasuries.
Metaplanet closed 3.5% higher at 207 yen ($1.28) on Thursday after the announcement.
Alongside the bitcoin purchase, the company released its second quarter FY2026 results for its Bitcoin monetization business. The division generated approximately ¥1.75 billion ($10.85 million) in operating income in the quarter, bringing first-half revenue to approximately ¥4.72 billion.
Metaplanet uses bitcoin opportunities to generate recurring revenue while expanding the company’s bitcoin holdings. On a trailing 12-month basis, revenue reached about ¥11.4 billion.
The latest results reinforce Metaplanet’s dual strategy of aggressively accumulating bitcoin while generating recurring cash flows from its Bitcoin monetization business.
