Metaplanet adds 2,823 BTC in Q2 as holdings sit below cost basis

Japanese firm Metaplanet purchased 2,823 Bitcoin during Q2 2025, bringing its total holdings to approximately 43,000 BTC — a stack that currently sits below its average cost basis. The company has relied more on debt than equity issuance to fund its purchases, signalling a cooling in its buying pace. Metaplanet remains one of the largest corporate Bitcoin holders outside the United States.