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Japanese Bitcoin Treasury Metaplanet Sold BTC Last Quarter To Demonstrate Liquidity

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Japanese Bitcoin Treasury Metaplanet Sold BTC Last Quarter To Demonstrate Liquidity

Bitcoin Magazine

Japanese Bitcoin Treasury Metaplanet Sold BTC Last Quarter To Demonstrate Liquidity

It may have sold some of its stash last quarter, but Japanese bitcoin giant Metaplanet has said it was just to demonstrate to investors that it could if it wanted to. 

In a filing Monday, the Tokyo Stock Exchange-listed firm said that it bought a total of 1,000 bitcoin in the third quarter of this year — landing it a spot as the second biggest bitcoin treasury. 

JUST IN: 🇯🇵 Japan's Metaplanet announces a net increase of 1,000 Bitcoin worth $86 million in Q3 🚀

They just became the 2nd-largest corporate BTC holder on Earth 👏 pic.twitter.com/ZjSBkRWdvc

“The transaction was intended to strengthen confidence in the company’s creditworthiness and broaden its access to future financing, including corporate bonds and preferred shares, with the ultimate objective of increasing the group’s bitcoin holdings,” Metaplanet said on Monday regarding its sale. 

Metaplanet’s announcement comes as the price of bitcoin surges, giving bitcoin treasuries a boost. The business model of buying and holding bitcoin and other digital assets with spare cash suffered with a plunge in crypto prices last year. 

Such companies are now seeing their stock prices go up again as the price of the biggest digital asset rallies again. 

Metaplanet stock was up on Monday. Year-to-date, it has dropped but is up over the past month.

7 million at an average of $86,246 in the third quarter of 2026.



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