BREAKING: Metaplanet Sold 10K and Bought 11K BTC in Q3, Becomes 2nd Largest Bitcoin Holder

• Metaplanet has become the 2nd largest corporate Bitcoin holder, surpassing Twenty One Capital.

• The company sold 10,000 BTC and purchased 11,000 BTC in Q3 2026, with total holdings reaching 44,000 BTC.

• CEO Simon Gerovich revealed revised allocation policy and the Net Interest Income Strategy.

• Metaplanet stock price closed 2.06% higher at 297 JPY on Monday.

Metaplanet has become the 2nd largest corporate Bitcoin holder, with 44,000 BTC in total holdings. The company increased its overall Bitcoin position in Q3, selling a net 10,000 BTC and purchasing 11,000 BTC in the same period.

Metaplanet Sold Bitcoin for the First Time

Asia's largest Bitcoin treasury company, aka Asia's MicroStrategy, executed a sale and repurchase of Bitcoin to demonstrate its ability to convert its holdings into cash, according to a filing on October 5. This marked the first sale by the firm.

Metaplanet said the group sold 10,000 BTC for aggregate proceeds of JPY 124.7 billion ($790 million). It then bought 11,000 BTC for JPY 149.896 billion ($950 million). The higher reacquisition price reflected a rise in the market between the two legs, with a net increase of 1,000 BTC in its Bitcoin holdings.

"We converted Bitcoin into cash, exceeding the total outstanding principal of our bonds, borrowings and other interest-bearing debt. We held that cash, then bought back more Bitcoin than we sold," said CEO Simon Gerovich.