Metaplanet has revealed that it acquired 5,075 Bitcoin during the first quarter of 2026, signalling a continued push into digital asset accumulation.
The company spent around $405 million on the purchase, paying an average price close to $79,900 per Bitcoin.
This latest acquisition brings Metaplanet’s total Bitcoin reserves to 40,177 BTC, strengthening its position among corporate holders.
The firm disclosed that its total investment in Bitcoin now stands at approximately $4.18 billion, with an average cost of $104,106 per coin.
With this increase, Metaplanet has moved into third place among publicly listed companies holding Bitcoin globally.
The ranking shift also reflects a recent reduction in holdings by MARA Holdings, which previously held a higher position.
MARA sold around 15,000 BTC in March for roughly $1.1 billion to reduce its convertible debt exposure.
Following the sale, MARA’s remaining Bitcoin holdings dropped to about 38,700 BTC, allowing Metaplanet to move ahead.
Metaplanet now sits behind Strategy, which holds more than 762,099 BTC, and Twenty One Capital with 43,514 BTC.
The company reported a year-to-date Bitcoin yield of 2.8%, using its own internal measurement system.
This yield metric tracks growth in Bitcoin holdings per diluted share rather than traditional interest or staking returns.
The approach reflects how efficiently the company increases its Bitcoin exposure relative to its share base.
Strategy uses a similar method, while Twenty One Capital has moved away from its earlier Bitcoin Per Share metric.
Metaplanet has outlined ambitious expansion plans under its “555 Million Plan,” targeting 100,000 BTC by the end of 2026.
The firm aims to further increase its holdings to 210,000 BTC by the end of 2027, marking a significant long-term strategy.
Achieving this goal could require around $10 billion in funding, depending on Bitcoin’s market price.
To support its expansion, Metaplanet raised $137 million through a share and warrant offering earlier this year.
The company also indicated that it could secure an additional $276 million in future funding.
Despite its aggressive accumulation strategy, Metaplanet’s stock performance has remained under pressure.
Shares closed at $1.89 or 302 yen on Wednesday, reflecting a slight decline of around 2% for the day.
The stock remains well below its peak in June 2025, when it approached 1,930 yen.
Investors appear cautious as the company continues to pursue large-scale Bitcoin acquisitions while navigating market volatility.
At the time of reporting, Bitcoin price was $66,201.42.