Metaplanet Buys 5,075 BTC for $405M, Overtakes Marathon Digital Holdings
Metaplanet acquired 5,075 BTC in Q1 for about $405 million at an average price near $79,900 per coin, boosting its total holdings to 40,177 BTC with a $104,106 cost basis. The Tokyo-based firm’s accumulation propelled it past Marathon Digital Holdings into the third-largest public Bitcoin treasury globally.
1. Q1 Bitcoin Acquisition
In the first quarter of 2026, Metaplanet purchased 5,075 BTC for about $405 million at an average price near $79,900 per coin, delivering a year-to-date BTC yield of 2.8%.
2. Climb to Third Rank
The acquisitions increased Metaplanet’s holdings to 40,177 BTC acquired at a $104,106 cost basis, vaulting the Tokyo firm past Marathon Digital Holdings to secure the third-largest public Bitcoin treasury globally.
3. Funding and Growth Ambitions
Under its “555 Million Plan,” Metaplanet aims to accumulate 100,000 BTC by year-end and 210,000 BTC by late 2027, backed by a ¥17.5 billion ($137 million) January equity raise and up to ¥35 billion ($276 million) in additional funding.
4. Stock Performance
Metaplanet’s stock closed at ¥302 ($1.89) on Wednesday, down roughly 2% as shares struggle to keep pace with the firm’s aggressive accumulation ambitions.