$405M Bitcoin buy puts Metaplanet behind only Strategy and XXI – Details!
The post $405M Bitcoin buy puts Metaplanet behind only Strategy and XXI – Details! appeared on BitcoinEthereumNews.com.
Metaplanet is now the world’s third-largest Bitcoin [BTC] treasury company! Its latest buys came after a 3% dip in BTC’s price over the last 24 hours, following U.S President Donald Trump’s war escalation remarks. While the red candles may be proof of a short-term effect, Metaplanet’s accumulation is evidence of long-term belief in the first cryptocurrency. Metaplanet’s Q1 BTC buy takes holdings to 40,177 BTC Metaplanet significantly expanded its Bitcoin treasury in the first quarter of 2026, adding 5,075 BTC for roughly $405.48 million. This, according to recent remarks from CEO Simon Gerovich. Source: Simon Gerovich/X The purchase was made at an average price of about $79,898 per Bitcoin, taking the company’s total holdings to 40,177 BTC as of 31 March. At current cost basis levels, those holdings were accumulated for nearly $4.18 billion, with an average acquisition price of $104,106 per coin. The update also highlighted a 2.8% YTD BTC yield for 2026. Gerovich celebrated the win for Metaplanet, saying, We keep climbing. Now #3 Metaplanet now 3rd among public Bitcoin treasury firms As expected, this has strengthened Metaplanet’s standing among the world’s largest public Bitcoin treasury companies. In fact, based on the latest treasury rankings, the firm is now ranked third globally. Source: BitcoinTreasuries.Net At the time of writing, the company was behind Strategy (762,099 BTC) and Twenty One Capital (43,514 BTC). It also moved ahead of MARA Holdings, which held 38,689 BTC. Metaplanet has scaled its Bitcoin-first treasury strategy in a relatively short period, especially among publicly listed firms outside the United States. While the gap between them and the next-largest holder remains narrow, the latest Q1 addition has given it a clear edge for now. BTC holds near $66.9K after a 3% slide Bitcoin’s price has been chaotic over the past 24 hours as risk markets…
Filed under: News - @ April 3, 2026 6:16 am