Key facts
- Metaplanet acquired 2,823 Bitcoin in Q2 for approximately $222 million.
- The company's total Bitcoin holdings now stand at 43,000 BTC.
- This purchase represents Metaplanet's smallest quarterly acquisition in a year.
- Metaplanet funded its Q2 Bitcoin purchases primarily through debt and Bitcoin options income.
- The firm's 43,000 BTC holdings were valued at $2.5 billion as of June 30, below its acquisition cost.
Japanese investment firm Metaplanet announced it acquired 2,823 Bitcoin in the second quarter for approximately $222 million, bringing its total holdings to 43,000 BTC. This purchase marks the company's smallest quarterly acquisition in a year, a significant decrease from the 17,473 BTC accumulated in the third quarter of 2025. Metaplanet funded the majority of its Q2 purchases through debt and revenue from its 'Bitcoin Income Generation' program, which sells options against its holdings, rather than issuing new shares. As of June 30, Metaplanet's 43,000 BTC were valued at $2.5 billion, a substantial unrealized loss compared to its acquisition cost of $4.07 billion, reflecting Bitcoin's more than 20% price drop during the quarter. The company maintains ambitious targets of holding 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027.