{"id":70556,"date":"2026-04-02T12:05:15","date_gmt":"2026-04-02T12:05:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/metaplanet-buys-5075-bitcoin-in-q1-2026-total-holdings-hit-40177-btc-crypto-news-bitcoin-news\/"},"modified":"2026-04-02T12:05:15","modified_gmt":"2026-04-02T12:05:15","slug":"metaplanet-buys-5075-bitcoin-in-q1-2026-total-holdings-hit-40177-btc-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/metaplanet-buys-5075-bitcoin-in-q1-2026-total-holdings-hit-40177-btc-crypto-news-bitcoin-news\/","title":{"rendered":"Metaplanet Buys 5,075 Bitcoin in Q1 2026, Total Holdings Hit 40,177 BTC \u2013 Crypto News Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Metaplanet Overtakes MARA Holdings in Bitcoin<\/span> Race With Q1 2026 Purchase<\/h2>\n

The Tokyo-based company Metaplanet<\/a> (TSE: 3350 \/ OTCQX: MTPLF) disclosed<\/a> the Q1 acquisition on April 2, 2026, confirming the purchase was completed by March 31. The company spent roughly $398 million on the quarter\u2019s buys, acquiring bitcoin<\/span> at a weighted average price of approximately $78,000 to $79,898 per coin.<\/p>\n

With bitcoin<\/a> trading near $66,400 on announcement day, Metaplanet\u2019s holdings carried a market value of approximately $2.67 billion. On a mark-to-market basis, that represents an unrealized loss of roughly 32 percent against the company\u2019s average cost basis of around $97,593 per BTC<\/span>.<\/p>\n

The company does not treat that gap as a signal to slow buying. CEO Simon Gerovich has consistently framed bitcoin<\/span> as a long-term reserve asset suited to Japan<\/a>\u2018s inflation<\/span> and yen-depreciation environment, and the company\u2019s acquisition pace has held steady across each quarter since its April 2024 strategy pivot.<\/p>\n

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Metaplanet funds purchases through equity raises, debt management, and bitcoin<\/span> income-generation operations, primarily options trading against its existing holdings. In Q1 2026, that income business generated revenue of approximately 2.97 billion yen. When offset against acquisition costs, the company calculated a net purchase price of roughly 11,955,713 yen per bitcoin<\/span>, roughly in line with the quarter\u2019s volume-weighted average price on the Bitflyer exchange.<\/p>\n

The Q1 purchase lifted Metaplanet to third place among publicly traded companies by bitcoin<\/span> holdings, behind Strategy<\/a> (MSTR) at 762,099 BTC<\/span> and Twenty One Capital (XXI) at 43,514 BTC<\/span>. The move put Metaplanet ahead of MARA<\/a> Holdings, which held approximately 38,689 BTC<\/span> after selling a portion of its reserves to manage debt.<\/p>\n

Metaplanet reported a BTC<\/span> Yield, its internal metric tracking bitcoin-per-diluted-share growth, of 2.8 percent for the first quarter of 2026. That figure reflects meaningful share issuances during the period. In Q1 2025, by contrast, BTC<\/span> Yield stood at 95.6 percent, reflecting the earlier stage of the accumulation program when dilution had a smaller effect on the ratio.<\/p>\n

The company raised capital twice during Q1 through private placements. On Jan. 29, the board approved a combined issuance of 24,529,000 shares and warrants to overseas institutional investors at 499 yen per share, raising approximately 12.24 billion yen. On March 16, Metaplanet issued 107,368,000 additional shares at 380 yen per share, closing March 31 with proceeds of approximately 40.8 billion yen. Both raises directed proceeds primarily toward bitcoin<\/span> acquisition.<\/p>\n

Metaplanet began acquiring bitcoin<\/span> in April 2024 as a small hotel and technology operator with minimal holdings. Starting with 97.85 BTC<\/span>, it scaled to 1,761 BTC<\/span> by December 2024, then accelerated sharply through 2025. By September 2025, total holdings had reached 30,823 BTC<\/span>. The Q1 2026 addition brought the cumulative count to 40,177.<\/p>\n

The company\u2019s stated long-term target is 210,000 BTC<\/span>, representing roughly 1 percent of bitcoin<\/span>\u2019s fixed supply, by the end of 2027. At the current pace, reaching that threshold would require sustained capital raises and continued income operations across seven additional quarters.<\/p>\n

Metaplanet<\/a> shares closed at approximately 302 yen, or about $1.89, on April 2, down roughly 2 percent intraday. The decline matched broader market movement and did not appear specific to the announcement.<\/p>\n

The company offers shareholders a set of bitcoin-linked perks, including periodic BTC<\/span> giveaways and a forthcoming card rewards program targeting 1.6 percent cashback in bitcoin<\/span>. Gerovich and the company have used social media, particularly X, to discuss the strategy and broader themes of bitcoin<\/a> as a hedge against fiat currency debasement.<\/p>\n

Metaplanet has positioned its bitcoin<\/span> income business as a self-reinforcing part of the treasury model. Options revenue lowers the net cost of each new bitcoin<\/span> acquired, while accumulated holdings increase the collateral base available for future income operations.<\/p>\n

FAQ \ud83e\udded<\/h2>\n