Metaplanet held 40,177 BTC at end of Q1, reaffirms accumulation strategy

Metaplanet, a publicly listed Japanese company accumulating Bitcoin, announced in its first-quarter 2026 earnings report that it held 40,177 BTC as of the end of March 2026. The company stated it will strengthen its "Bitcoin Standard" strategy, holding the cryptocurrency as a core asset. This amount represents approximately 87% of all BTC held by publicly listed companies in Japan and ranks Metaplanet as the third-largest corporate holder of Bitcoin globally. According to the report, Metaplanet's consolidated revenue for the first quarter rose 251% year-over-year to 3.08 billion yen ($19.7 million), while operating profit increased 282% to 2.27 billion yen ($14.5 million). However, its current and net losses widened due to factors including unrealized losses on its Bitcoin valuation. The report also noted that the company's BTC holdings per fully diluted share are trending upward and that its goal is to grow into a capital market infrastructure firm based on Bitcoin.