Metaplanet hits 40,177 Bitcoin, overtaking MARA to become third-largest corporate holder
Summary
Metaplanet, a Tokyo-listed investment firm, has rapidly increased its Bitcoin holdings to 40,177 BTC, valued at $2.7 billion, surpassing MARA Holdings to become the third-largest corporate holder. This achievement follows the acquisition of 5,075 BTC for approximately $400 million in Q1 2026. Founded in 1999, Metaplanet transformed its business model in 2024, focusing on Bitcoin accumulation and establishing subsidiaries to support this strategy. The company’s Bitcoin Income Business generated $19.8 million in revenue during the quarter, partially offsetting acquisition costs. Metaplanet aims to hold 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027, demonstrating a strong commitment to Bitcoin as a core asset.
(Source:Crypto Briefing)