"Metaplanet's acquisition of 5,075 bitcoin in Q1 2026 brought its total to 40,177 BTC, with a cumulative cost of approximately $3.92 billion. Despite the market value being around $2.67 billion, the company does not view the unrealized loss as a deterrent to future purchases."
"CEO Simon Gerovich has consistently framed bitcoin as a long-term reserve asset suited to Japan's inflation and yen-depreciation environment, maintaining a steady acquisition pace since the company's strategy pivot in April 2024."
Metaplanet Inc., Japan's largest corporate bitcoin holder, acquired 5,075 bitcoin in the first quarter of 2026, raising its total to 40,177 BTC at a cost of approximately $3.92 billion. The company spent about $398 million on these purchases, with bitcoin trading at around $66,400 at the time of announcement. This resulted in an unrealized loss of roughly 32 percent against its average cost basis. CEO Simon Gerovich views bitcoin as a long-term reserve asset, and the company continues to acquire bitcoin steadily, funded through various financial strategies.
Read at news.bitcoin.com
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