Metaplanet Expands Its Bitcoin Holdings Ahead of 2026–27 Strategy

• Metaplanet just concluded 2025 with another Bitcoin purchase, bringing its total holdings to 35,102 BTC.
• Metaplanet BTC targets for 2026 and 2027 reveal aggressive accumulation plans.
• The company’s stock concludes December in the green despite a hefty 6-month discount.

Metaplanet might just be one of the top Bitcoin treasury stocks to watch in 2026. The Japanese firm has been on an aggressive accumulation spree. Besides, it just concluded December with yet another BTC purchase.

This firm reportedly acquired 4279 BTC towards the end of December 2025. It now owns 35,102 BTC, which is currently valued at over $3 billion.

A glance at the Metaplanet Bitcoin holdings reveals an exponential accumulation curve in 2025. Interestingly, that got steeper in Q4, indicating more investment in the cryptocurrency as prices dipped.

The fact that the Japanese firm has been buying the dip means it could take advantage of Bitcoin’s recovery. Moreover, the number of shareholders almost doubled in the last 6 months. Metaplanet shareholders grew from just over 128,000 in June to over 212,000 shareholders by the end of the year.

Metaplanet’s average Bitcoin acquisition cost was $107,607 at the time of observation. It was still notably higher than BTC’s 89,283 press time price tag. However, the Japanese firm can lower the BTC acquisition cost by aggressively buying more coins at discounted prices.

The company already intends to acquire more Bitcoin in the next 12 months. According to its website, Metaplanet intends to own 100,000 BTC by the end of 2026, and 210,000 BTC by the end of 2027.

Its last BTC purchase in December allowed it to surpass 30,000 BTC, which was its target for 2025. The company’s target indicates that it plans to acquire more BTC in 2026 than it did in 2025.

The target BTC acquisition in 2026 means the Japanese investment firm could lower its average acquisition cost. However, its ability to do so will rely on whether the Bitcoin price continues to trade at lower price levels than its current acquisition cost.

A lower acquisition cost will boost Metaplanet’s profitability in the long run. The company plans to hold at least 210,000 BTC, highlighting its goal of holding at least 1% of the Bitcoin in circulation.

Metaplanet Stock Performance Recap

The Metaplanet stock price performed quite well in the first half of 2025, but it turned bearish in the second half. For context, the stock price peaked at 1,895 JPY in June, but volatile market conditions in the second half of the year pulled it down. It was trading at 405 JPY at press time.

Although the market was overall bearish in H2 2025, Metaplanet stock still managed to maintain a 13% upside from its lowest price point during the year. Nevertheless, it was down by about 74% from its peak in June.

Zooming in to a smaller timeframe revealed that the Metaplanet stock price closed December with a gain of 3% or more for the month. This was mostly courtesy of the demand resurgence during the month. That also allowed the firm to purchase more of the cryptocurrency.

This demand was also backed by the declining Bitcoin seller exhaustion in December, compared to previous months. Metaplanet’s Bitcoin acquisition plans represent the growing interest in BTC outside the U.S.