coindesk.com
Metaplanet (3350) continued to scale its accumulation strategy through the first quarter of 2026, acquiring 5,075 $BTC for approximately $398 million, implying an average purchase price of about $78,000 per coin.
The Tokyo-based firm has has generated a $BTC yield of 2.8% year-to-date.
As of March 31, Metaplanet holds a total of 40,177 $BTC, acquired for roughly $3.9 billion, with an average cost basis of approximately $97,000 per $BTC.
Metaplanet is now the third largest bitcoin treasury company worldwide, overtaking MARA Holdings after the miner reduced its bitcoin stack significantly.
Twenty One Capital (XXI) holds second place with 43,514 $BTC, according to Bitcoin Treasuries, while Strategy (MSTR) is by far and away the largest with over 762,000.
Shares of Metaplanet were down 2%, trading at 302 yen ($1.89).