Metaplanet (3350) buys another $170 million of bitcoin expanding treasury to 43,000 BTC

Metaplanet (3350) announced the purchase of an additional 2,823 BTC ($170.7 million), bringing its total treasury to 43,000 BTC ($2.6 billion).

The acquisition cements the Tokyo listed firm as the third largest publicly traded company holding bitcoin, trailing only Strategy MSTR) and Twenty One Capital (XXI), according to data tracked by Bitcoin Treasuries.

Metaplanet closed 3.5% higher at 207 yen ($1.28) on Thursday following the announcement.

Alongside the bitcoin purchase, the company released its second quarter FY2026 results for its Bitcoin Income Generation business. The division generated approximately 1.75 billion yen ($10.85 million) in operating revenue during the quarter, taking first half revenue to approximately 4.72 billion yen.

Metaplanet uses bitcoin options to generate recurring income while expanding the company’s bitcoin holdings. On a trailing 12-month basis, revenue reached approximately 11.4 billion yen.

The latest results reinforce Metaplanet’s dual strategy of aggressively accumulating bitcoin while generating recurring cash flow from its Bitcoin Income Generation business.