$405M Bitcoin buy puts Metaplanet behind only Strategy and XXI – Details!
Metaplanet has become the world’s third-largest public Bitcoin treasury holder after acquiring an additional 5,075 BTC in Q1 2026 for approximately $405 million. The purchase, executed at an average price of $79,898 per Bitcoin, brings the company’s total holdings to 40,177 BTC, with a cumulative cost basis of nearly $4.18 billion. This strategic accumulation reflects Metaplanet’s long-term confidence in Bitcoin despite recent market volatility.
The announcement follows a 3% dip in Bitcoin’s price, which fell to around $66,000 after former U.S. President Donald Trump made remarks about escalating military actions in Iran, triggering a brief market sell-off. Despite the short-term decline, Bitcoin showed signs of stabilization, with buying interest returning and technical indicators like the RSI recovering from near-oversold levels.
Metaplanet now trails only behind MicroStrategy (762,099 BTC) and Twenty One Capital (43,514 BTC), surpassing other major holders like MARA Holdings. The company’s continued Bitcoin-focused strategy highlights its growing influence among non-U.S. publicly listed firms with significant cryptocurrency treasuries.
ambcrypto04/03 06:31