Metaplanet added 2,823 BTC, increasing its corporate Bitcoin treasury to 43,000 BTC. The company invested about $222 million while improving its average BitcoinMetaplanet added 2,823 BTC, increasing its corporate Bitcoin treasury to 43,000 BTC. The company invested about $222 million while improving its average Bitcoin

Metaplanet Adds 2,823 BTC as Bitcoin Treasury Strategy Accelerates

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  • Metaplanet added 2,823 BTC, increasing its corporate Bitcoin treasury to 43,000 BTC.
  • The company invested about $222 million while improving its average Bitcoin cost basis.
  • Metaplanet targets 100,000 BTC by 2026 and expands into regulated financial services.

Metaplanet has expanded its Bitcoin treasury with another 2,823 BTC, raising total holdings to 43,000 BTC. The latest purchase strengthens its position among the world’s largest corporate Bitcoin holders while advancing its long-term accumulation strategy despite continued pressure on its share price.

Metaplanet Expands Bitcoin Holdings to 43,000 BTC

Tokyo-listed Metaplanet has purchased an additional 2,823 Bitcoin, increasing its total corporate treasury to 43,000 BTC. The company announced the acquisition on July 2 after completing its second-quarter Bitcoin accumulation program.

Metaplanet Adds 2,823 BTC as Bitcoin Treasury Strategy Accelerates

The latest purchase cost approximately 35.89 billion yen, equivalent to around $222 million. Meanwhile, the company paid an average price of more than 12.7 million yen for each Bitcoin acquired.

Following the transaction, Metaplanet increased its holdings from 40,177 BTC recorded at the end of March. As a result, the company strengthened its position as one of the world’s largest publicly listed corporate Bitcoin holders.

The purchase also lowered Metaplanet’s overall average acquisition cost from 15.51 million yen to approximately 15.3 million yen per Bitcoin. Consequently, the company improved its average cost basis despite continued accumulation.

Overall, Metaplanet has invested roughly 659 billion yen to acquire its 43,000 BTC treasury. The company stated that Bitcoin Income Generation activities produced approximately 1.747 billion yen, or $10.95 million, during the second quarter.

After accounting for that revenue, the effective acquisition cost declined to about 34.14 billion yen. Therefore, the adjusted purchase price fell to nearly 12.09 million yen per Bitcoin.

The latest acquisition places Metaplanet third among global corporate Bitcoin holders. Only Strategy and Twenty One Capital currently hold larger corporate Bitcoin treasuries.

Long-Term Treasury Goals Remain in Focus

Despite the latest purchase, Metaplanet still has significant ground to cover before reaching its next milestone. The company aims to hold 100,000 BTC by the end of 2026.

That objective requires an additional 57,000 BTC over the coming months. Nevertheless, management continues pursuing an aggressive treasury strategy through multiple capital allocation initiatives.

CEO Simon Gerovich recently described the company’s expansion as part of Project Nova. The initiative seeks to establish a Bitcoin-focused financial ecosystem across Japan through treasury growth and financial services.

Alongside Bitcoin purchases, Metaplanet plans to acquire Siiibo Securities for approximately $13 million. Following completion, the brokerage will operate under the name Metaplanet Securities.

The acquisition represents the company’s first major corporate purchase outside direct Bitcoin accumulation. Accordingly, management intends to expand regulated financial products linked to its growing digital asset treasury.

Even so, Metaplanet’s shares remain under pressure, declining nearly 49% since the beginning of the year. Investors continue monitoring the company’s balance sheet, capital strategy, and future Bitcoin purchases as it advances toward its long-term treasury targets.

The post Metaplanet Adds 2,823 BTC as Bitcoin Treasury Strategy Accelerates appeared first on Live Bitcoin News.

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