Metaplanet Expands Bitcoin Treasury Holdings to 40,177 BTC, Stock Slips

Metaplanet, aka Asia’s Strategy, on Thursday said it has acquired an additional Bitcoin for over $405.48 million. After the latest purchase, Japan-listed Metaplanet becomes the third-largest corporate Bitcoin treasury, surpassing MARA Holdings in total Bitcoin holdings.

Meanwhile, the stock falls nearly 1.95% to 302 JPY amid broader selling pressure in global markets after President Donald Trump warned of escalations in the US-Iran war.

Metaplanet Expands Total Bitcoin Treasury to 40,177 BTC

Metaplanet purchased an additional 5075 BTC at an average price of $79,898 per Bitcoin, according to an official announcement on April 2. Also, the company achieved a BTC yield of 2.8% YTD 2026.

With the latest Bitcoin buy, the company expanded its total Bitcoin treasury to 40,177 BTC worth nearly $2.6 billion. It surpassed BTC holdings of crypto miner MARA Holdings, according to Bitcoin Treasuries data.

Metaplanet purchased BTC in total for nearly $4.18 billion at an average price of $104,106 per BTC. This indicates the company is sitting on an unrealized loss of almost $1.5 billion after the latest buy.

CEO Simon Gerovich also took to X to share about the latest BTC buy with shareholders and the wider crypto community. The company recorded operating revenue of JPY 2.96 billion from its Bitcoin Income Generation business during the quarter.

Metaplanet Stock Slips Amid Bitcoin Treasury Expansion

Metaplanet stock (TYO: 3350) closed 1.95% to 302 JPY as Bitcoin price extended its fall after Trump’s speech on the Iran war. The 24-hour low and high were 298 and 313 JPY.

However, the 24-hour trading volume was significantly lower than the average volume of almost 30 million. According to Yahoo Finance, the stock price has plunged more than 6% over the past month and 25% YTD.

Meanwhile, MTPLF stock is trading near $1.89, with 26% YTD drop amid falling investor interest. Metaplanet revised its capital allocation policy to help the company maximize long-term value for shareholders.

The strategy aims to boost BTC yield by effectively using perpetual preferred shares. It proposes pausing capital raising through common share issuance when mNAV falls below 1 and increasing share buybacks to maximize BTC yield.

Bitcoin Under Selling Pressure

BTC price dropped more than 3% to trade at $66,395 at the time of writing. The 24-hour low and high are $66,226 and $69,131, respectively. Trading volume has decreased by almost 16% over the last 24 hours.

CoinGlass data showed selling sentiment in the derivatives market as the total BTC futures open interest fell more than 4.7% to almost $46.71 billion in the last 24 hours.

Meanwhile, BTC futures open interest on CME and Binance tumbled 0.82% and 5.52%, respectively. This signals that traders have become cautious and are awaiting Friday’s Nonfarm Payrolls data and crypto options expiry.