Overview
- The 5,419‑BTC purchase lifts reserves to 25,555 BTC valued at about $2.91 billion, with an average acquisition cost of $106,065 per coin.
- Metaplanet said the acquisition was funded primarily through a recently completed $1.45 billion international share offering.
- The company surpassed Bullish to rank fifth among publicly listed corporate Bitcoin holders, according to Bitcoin Treasuries data.
- The new total places Metaplanet at 85.2% of its 2025 target of 30,000 BTC and about one quarter of the way to its 2026 goal of 100,000 BTC, with an executive calling the buy the first tranche.
- Management describes the Bitcoin treasury as a revenue-generating business, reporting BTC yields of 95.6% in Q1, 129.4% in Q2, and 10.3% for the current quarter through Sept. 22.