Catenaa, Saturday, January 03, 2026- Japanese bitcoin treasury firm Metaplanet said it spent $451 million during the fourth quarter to expand its bitcoin holdings, adding to one of the largest corporate crypto treasuries in Asia amid a volatile market.
The company acquired 4,279 bitcoin during the period at an average price of $105,412 per coin, according to a statement from its chief executive.
The purchases lifted Metaplanet’s total holdings to 35,102 bitcoin, accumulated at a combined cost of $3.78 billion, or about $107,600 per bitcoin.
Bitcoin prices swung sharply in the fourth quarter. The token fell from a record high above $126,000 in early October to below $85,000 within weeks. Bitcoin was trading near $87,400 on Tuesday, down about 2% over the past day.
At current prices, Metaplanet’s fourth-quarter purchases are valued at about $374 million, below the amount spent. The firm’s total bitcoin holdings are worth roughly $3.06 billion based on recent market prices.
The decline in bitcoin weighed on crypto-related equities. Metaplanet’s U.S.-listed shares fell more than 4% on Monday, while its Tokyo-listed stock dropped nearly 8% on Tuesday, according to market data.
In October, Metaplanet announced a $500 million credit facility to support a share buyback plan and fund additional bitcoin purchases. The company also raised funds through share sales to overseas investors.
Metaplanet has said its bitcoin holdings offer ample collateral coverage for its borrowing, with limits designed to withstand sharp price swings. The firm’s website shows its market value is trading close to the value of its bitcoin treasury.
