"Surpassed MARA Holdings"...Metaplanet Rises to 3rd Place Among Listed Companies Holding Bitcoin (BTC)

▲ Metaplanet, Bitcoin (BTC)/ChatGPT generated image

Japanese listed company Metaplanet (3350.T) has reached 43,000 BTC in Bitcoin (BTC) holdings, becoming the world's third-largest corporate Bitcoin treasury company.

According to cryptocurrency media outlet BeInCrypto on July 2 (local time), Metaplanet increased its Bitcoin holdings to exactly 43,000 BTC as of that day. The company ranked third in global corporate Bitcoin holdings, following Strategy (MSTR) and Twenty One Capital. This result surpasses MARA Holdings (MARA).

Metaplanet additionally purchased 2,823 BTC in Q2 2026. The average acquisition cost was approximately 12.71 million JPY per BTC, or about $80,000 in USD. The actual acquisition cost, reflecting profits from its Bitcoin Generation business, was lowered to approximately 12.09 million JPY, or about $77,000 in USD. This business generated $10.95 million in revenue in Q2.

The scale of its holdings is already significant. Metaplanet's total Bitcoin investment amounts to approximately 659.25 billion JPY, or about $4.2 billion in USD. The value of the Bitcoin held by the company was estimated at approximately 409 billion JPY, or about $2.6 billion in USD, as of June 30. The overall average acquisition cost is 15.33 million JPY per BTC, or about $102,500 in USD.

Performance indicators have also improved. Metaplanet announced that it recorded a BTC Yield of 6.6% in Q2. This metric is a key performance indicator showing the weekly increase in Bitcoin holdings. After adopting its Bitcoin treasury strategy in 2024, the company accelerated its Bitcoin purchases using stock issuance, debt financing, and options strategies.

The financial burden is presented as still manageable. Metaplanet's total debt and preferred stock account for approximately 23% of its Bitcoin net asset value. BeInCrypto assessed that the company has room for further purchases. Michael Saylor congratulated Metaplanet on X (formerly Twitter), stating, "Congratulations to Metaplanet for reaching 43,000 BTC and becoming the world's 3rd largest corporate Bitcoin treasury company." Metaplanet's rapid progress demonstrates that corporate Bitcoin treasury strategies are expanding beyond the United States to Japan.

[Article Key Summary]

-Metaplanet holds 43,000 BTC, rising to become the world's third-largest corporate Bitcoin treasury company.

-Metaplanet additionally purchased 2,823 BTC in Q2 2026, with an average acquisition cost of approximately $80,000 per BTC.

-Total debt and preferred stock are approximately 23% of Bitcoin's net asset value, and BeInCrypto assessed that there is still room for further purchases.

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