TL;DR:
Metaplanet resumed its bitcoin purchases after a three-month pause and announced the acquisition of 2,823 BTC during the second quarter of 2026, completing its accumulation for that period under the program known as Bitcoin Treasury Operations.
The Japanese company disbursed 35.89 billion yen, equivalent to approximately $222 million, at an average price above 12.7 million yen per unit. With this transaction, its total reserve went from 40,177 BTC—recorded at the close of March—to 43,000 BTC as of June 30.
*Metaplanet Acquires Additional 2,823 Bitcoin, Total Holdings Reach 43,000 BTC* pic.twitter.com/j3j4mvjiOr
— Metaplanet Inc. (@Metaplanet) July 2, 2026
The lower purchase price during the quarter allowed the overall average acquisition cost to decrease: from 15.51 million yen per unit to 15.3 million. In terms of accumulation, the company reported having invested 659 billion yen to build its reserve of 43,000 BTC.
Additionally, Metaplanet reported revenues of $10.95 million—approximately 1.747 billion yen—generated during the quarter through its Bitcoin Income Generation activities. After deducting those revenues from the cost of purchases, the net effective acquisition cost for the quarter fell to 34.14 billion yen, equivalent to approximately 12.093 million yen per unit.
Despite the progress, the distance to the long-term target remains considerable. Metaplanet set a goal of 100,000 BTC by the end of 2026, which implies adding 57,000 BTC in the remaining months of the year.

Pressure on the company’s shares shows no sign of easing: they have accumulated a decline of nearly 49% so far this year. Alongside its accumulation strategy, Metaplanet announced the acquisition of Japanese securities firm Siiibo Securities for approximately $13 million, a transaction expected to close in July.
The entity will be renamed Metaplanet Securities. Simon Gerovich, CEO of the company, said the transaction is its first significant corporate acquisition and the first step under Project Nova, the long-term initiative aimed at building a bitcoin-centered financial ecosystem within Japan.