Metaplanet (3350) continued to expand its accumulation strategy through Q1 2026, acquiring 5,075 BTC for approximately $398 million, implying an average purchase price of approximately $78,000 per coin.
The Tokyo-based company has generated a BTC return of 2.8% year-to-date.
As of March 31, Metaplanet held a total of 40,177 BTC, acquired for approximately $3.9 billion, with an average cost of approximately $97,000 per BTC.
Metaplanet is now the third largest Bitcoin cash company in the world, surpassing MARA Holdings after the miner significantly reduced its Bitcoin stack.
According to Bitcoin Treasuries, Twenty One Capital (XXI) is in second place with 43,514 BTC, while Strategy (MSTR) is by far the largest with over 762,000.
Metaplanet shares were down 2%, trading at 302 yen ($1.89).
