#metaplanet
Metaplanet grows Bitcoin reserves to 44,000 $BTC ($3.8 billion) by the end of Q3 2026 🚀
Japanese company Metaplanet (3350) continues to execute its aggressive Bitcoin strategy, adding a net 1,000 BTC during the third quarter. As of September 30, its holdings reached 44,000 BTC.
📊 Key report details:
➡️ Liquidity maneuver: The company sold 10,000 BTC for $789.2 million ($78,925 per coin) and temporarily held the cash to demonstrate to creditors its ability to cover interest obligations. Subsequently, Metaplanet repurchased 11,000 BTC for $948.7 million ($86,246 per coin).
➡️ Total cost basis: The total cost of all 44,000 BTC on the balance sheet is approximately $4.33 billion, with an average purchase price of $98,454 per BTC.
➡️ New strategy (Net Interest Income): Metaplanet plans to allocate 10–15% of its assets into preferred securities of other companies with significant Bitcoin treasuries to generate a yield exceeding its cost of capital.
➡️ Options revenue: The options business (Bitcoin Income Generation) generated $5.4 million in revenue for Q3 (a 51% drop compared to Q2), but total revenue for the nine-month period reached $35.2 million (marking the eighth consecutive profitable quarter).
➡️ Market reaction: Metaplanet shares in Tokyo closed 2% higher at 297 yen ($1.88).
⚠️ CEO Simon Gerovich emphasized that the company's goal is to move beyond mere BTC accumulation and become a leading Bitcoin financial company in Asia.
Metaplanet grows Bitcoin reserves to 44,000 $BTC ($3.8 billion) by the end of Q3 2026 🚀
Japanese company Metaplanet (3350) continues to execute its aggressive Bitcoin strategy, adding a net 1,000 BTC during the third quarter. As of September 30, its holdings reached 44,000 BTC.
📊 Key report details:
➡️ Liquidity maneuver: The company sold 10,000 BTC for $789.2 million ($78,925 per coin) and temporarily held the cash to demonstrate to creditors its ability to cover interest obligations. Subsequently, Metaplanet repurchased 11,000 BTC for $948.7 million ($86,246 per coin).
➡️ Total cost basis: The total cost of all 44,000 BTC on the balance sheet is approximately $4.33 billion, with an average purchase price of $98,454 per BTC.
➡️ New strategy (Net Interest Income): Metaplanet plans to allocate 10–15% of its assets into preferred securities of other companies with significant Bitcoin treasuries to generate a yield exceeding its cost of capital.
➡️ Options revenue: The options business (Bitcoin Income Generation) generated $5.4 million in revenue for Q3 (a 51% drop compared to Q2), but total revenue for the nine-month period reached $35.2 million (marking the eighth consecutive profitable quarter).
➡️ Market reaction: Metaplanet shares in Tokyo closed 2% higher at 297 yen ($1.88).
⚠️ CEO Simon Gerovich emphasized that the company's goal is to move beyond mere BTC accumulation and become a leading Bitcoin financial company in Asia.
