Metaplanet Buys 5,075 BTC in Q1 to Become 3rd Largest Treasury
Summary
Metaplanet announced the purchase of 5,075 Bitcoin during the first quarter of 2026 for approximately $405 million, or $79,898 per coin. This acquisition elevates the company to the position of the third-largest publicly-listed Bitcoin treasury, holding a total of 40,177 BTC with an average cost basis of $104,106 per coin. The company also reported a year-to-date BTC Yield of 2.8% for 2026. Metaplanet generates revenue through a Bitcoin Income Generation business, utilizing collateral-secured Bitcoin option strategies, which yielded approximately $18.6 million in Q1 2026. This revenue is intended to be reinvested into further Bitcoin purchases, complementing their long-term treasury strategy. Despite the positive news, Metaplanet shares experienced a slight decline on Thursday.
(Source:Cointelegraph)