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$405M Bitcoin buy puts Metaplanet behind only Strategy and XXI – Details!

By Samyukhtha L KM · Published April 3, 2026 · 2 min read · Source: AMBCrypto
BitcoinMarket Analysis
Written by Written by Samyukhtha L KM Reviewed by Reviewed by Jibin Mathew George Updated 11:30 IST April 3, 2026 Share Share
$405M Bitcoin buy puts Metaplanet behind only Strategy and XXI - Details!

Metaplanet is now the world’s third-largest Bitcoin [BTC] treasury company! Its latest buys came after a 3% dip in BTC’s price over the last 24 hours, following U.S President Donald Trump’s war escalation remarks.

While the red candles may be proof of a short-term effect, Metaplanet’s accumulation is evidence of long-term belief in the first cryptocurrency.

Metaplanet’s Q1 BTC buy takes holdings to 40,177 BTC

Metaplanet significantly expanded its Bitcoin treasury in the first quarter of 2026, adding 5,075 BTC for roughly $405.48 million. This, according to recent remarks from CEO Simon Gerovich.

bitcoin
Source: Simon Gerovich/X

The purchase was made at an average price of about $79,898 per Bitcoin, taking the company’s total holdings to 40,177 BTC as of 31 March. At current cost basis levels, those holdings were accumulated for nearly $4.18 billion, with an average acquisition price of $104,106 per coin.

The update also highlighted a 2.8% YTD BTC yield for 2026.

Gerovich celebrated the win for Metaplanet, saying,

We keep climbing. Now #3

Metaplanet now 3rd among public Bitcoin treasury firms

As expected, this has strengthened Metaplanet’s standing among the world’s largest public Bitcoin treasury companies. In fact, based on the latest treasury rankings, the firm is now ranked third globally.

metaplanet
Source: BitcoinTreasuries.Net

At the time of writing, the company was behind Strategy (762,099 BTC) and Twenty One Capital (43,514 BTC). It also moved ahead of MARA Holdings, which held 38,689 BTC.

Metaplanet has scaled its Bitcoin-first treasury strategy in a relatively short period, especially among publicly listed firms outside the United States. While the gap between them and the next-largest holder remains narrow, the latest Q1 addition has given it a clear edge for now.

BTC holds near $66.9K after a 3% slide

Bitcoin’s price has been chaotic over the past 24 hours as risk markets reacted to President Trump’s latest comments on the Iran conflict.

On the hourly chart, BTC briefly slipped from the $68,500-$69,000 zone to near $66,000; an intraday drop of roughly 3% before stabilizing around $66,877 at press time.

bitcoin
Source: Tradingview

The sell-off followed his statements that the war could conclude within “two to three weeks,” while also warning that military action would intensify. This caused a quick risk-off move across crypto.

The RSI recovered from near-oversold levels, while the CMF turned slightly positive at 0.02. Buying interest started to return after the dip too.


Final Summary

Samyukhtha L KM

Journalist

Samyukhtha L KM is a financial journalist and market analyst at AMBCrypto. She covers key market moves, blockchain adoption, and socially-driven crypto trends. She also enjoys providing fresh takes through commentaries on emerging narratives.

This article was originally published on AMBCrypto and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

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