Metaplanet Acquires 5,075 Bitcoin to Become Third-Largest Corporate Holder

Japanese firm Metaplanet acquired 5,075 Bitcoin for $405.48 million at an average price of $79,898 per BTC on April 2, 2026, bringing its total holdings to 40,177 BTC and surpassing MARA Holdings to become the third-largest corporate Bitcoin treasury holder after MicroStrategy and Tesla. Despite achieving a 2.8% Bitcoin yield year-to-date, Metaplanet faces approximately $1.5 billion in unrealized losses, having purchased its total holdings for $4.18 billion at an average price of $104,106 per BTC. The company's stock fell 25% year-to-date to 302 Japanese yen, while Bitcoin dropped over 3% to $66,395 amid declining futures open interest and geopolitical tensions from US-Iran war warnings.

Metaplanet's Bitcoin Acquisition and Corporate Treasury Ranking

• ▪Metaplanet acquired 5,075 Bitcoin for $405.48 million on April 2, 2026
• ▪Metaplanet achieved a Bitcoin yield of 2.8% year-to-date in 2026 during Q1
• ▪Metaplanet paid an average price of $79,898 per Bitcoin for its April 2, 2026 acquisition of 5,075 BTC
• ▪Metaplanet had an unrealized loss of approximately $1.5 billion on its Bitcoin holdings after the April 2, 2026 acquisition

Financial Performance and Stock Market Reaction

• ▪Metaplanet stock price fell 25% year-to-date as of April 2, 2026
• ▪Metaplanet stock price fell 1.95% to 302 Japanese yen on April 2, 2026
• ▪Metaplanet MTPLF stock was trading near $1.89 with a 26% year-to-date decline as of April 2, 2026
• ▪Metaplanet stock price declined more than 6% over the past month as of April 2, 2026
• ▪Metaplanet recorded operating revenue of 2.96 billion Japanese yen from its Bitcoin Income Generation business during Q1 2026

Bitcoin Market Conditions and Broader Economic Context

• ▪Total Bitcoin futures open interest fell more than 4.7% to approximately $46.71 billion in the 24 hours ending April 2, 2026
• ▪Bitcoin price dropped more than 3% to $66,395 at the time of reporting on April 2, 2026
• ▪Bitcoin trading volume decreased by approximately 16% over the 24 hours ending April 2, 2026
• ▪Bitcoin traded between a 24-hour low of $66,226 and a high of $69,131 on April 2, 2026

Perspective of Metaplanet shareholders

• ▪Metaplanet shareholders experienced a 25% decline in stock value year-to-date as of April 2, 2026, despite the company's Bitcoin treasury expansion