Metaplanet has purchased an additional 5075 Bitcoin over the March 30 to March 31, 2026 period, at an estimated total cost of $450 million.
This acquisition raises Metaplanet’s total holdings in Bitcoin to 40,177 BTC, placing them among the largest corporate holders of Bitcoin in the world.
The current market price of Bitcoin is approximately $70,000, and there continues to be significant institutional accumulation of Bitcoin, while competitors are continuing to reduce their Bitcoin exposure and restructure their balance sheets.
Metaplanet Strengthens Position Among Top Corporate Bitcoin Holders
Metaplanet confirmed the acquisition through an official update shared across market channels. The purchase occurred within a single week during the first quarter of 2026.
As a result, the company surpassed MARA Holdings in total Bitcoin reserves. The updated holdings place Metaplanet third among publicly listed Bitcoin treasury firms.
The organization’s wallet now has 40,177 BTC with an average acquisition cost of approximately $4,180,000,000 and an average purchase price of approximately $97,593 per BTC.
Despite a recent period of consolidation in the Bitcoin market, Metaplanet continues to grow its position in BTC. The enterprise value of Metaplanet is approximately $3 billion and an indicator of the firm’s continued strategy for capital deployment.
Metaplanet adopted its Bitcoin treasury model in April of 2024 and has since used equity issuance, warrants, and direct purchases to acquire bitcoin.
This structured approach has allowed the company to scale holdings consistently. It recorded a 2.8 percent yield on Bitcoin based on treasury operations in the first quarter of 2026.
The long-term objective remains to be ambitious; Metaplanet aims at accumulating a set of 210,000 BTC with time.
This would represent approximately 1 percent of the total quantity of Bitcoin available today. By adopting this strategy, Metaplanet will be positioned as one of the most serious institutional investors in Bitcoin reserves.
Market data shared by CryptoQuant contributor JA_Maartun also outlined the milestone. The update confirmed Metaplanet’s new ranking and acquisition size. The data further reinforced the company’s steady accumulation trend during recent quarters.
In the meantime, additional top players are also growing their holdings. Strategy made an announcement of a new acquisition via an official channel.
The company recently acquired 4871 BTC at about $329.9 million. This takes the number of BTC held by the company to 766.970 as of early April 2026.
MARA Reduces Bitcoin Holdings as Market Dynamics Shift
MARA Holdings took a different direction during the same period. Between March 4 and March 25, 2026, the company sold 15,133 BTC.
The total value of the sale reached approximately $1.1 billion. This move reduced MARA’s Bitcoin reserves from 53,822 BTC to 38,689 BTC.
The proceeds from the sale were directed toward debt reduction. MARA repurchased nearly $1 billion in convertible senior notes.
These notes were due in 2030 and 2031. The repurchase occurred at a 9 percent discount, lowering the company’s overall debt burden.
Following the transaction, MARA’s convertible debt dropped from $3.3 billion to $2.3 billion. This represents a reduction of nearly 30 percent.
The company also implemented a workforce reduction during early April leaving approximately fifteen percent of employees terminated across various divisions of the organization.
The layoffs were also a part of bigger strategic reorganization as MARA looks to move beyond being a Bitcoin mining firm.
The organization is now more focused on artificial intelligence and energy infrastructure, which is in line with changing priorities regarding how capital will be allocated, especially within the industry. The decline in MARA’s holdings was direct cause for Metaplanet to advance in ranking.
The shift shows that companies are taking different approaches to their corporate strategies concerning Bitcoin, with some continuing to grow their holdings aggressively while others focus on reducing the size and/or number of assets on their balance sheets.
At the same time, market behavior among large investors remains active. A recent market update from analyst CW pointed to strong whale accumulation.
The tweet noted that large holders are increasing balances rapidly. This activity is occurring despite a relatively stable Bitcoin price range.
The data also indicated reduced participation from retail investors. While retail activity slows, institutional accumulation continues at a high pace.
This pattern reflects a changing structure within the Bitcoin market. Large entities appear to be absorbing supply during consolidation phases.