Metaplanet Bitcoin treasury don pass MARA after dem buy BTC for Q1

Published: 2026-04-02 16:06:50 |

Metaplanet dem Bitcoin treasury still dey buy through di risk-off mood for Q1 2026, wey make dem holdings reach 40,177 BTC and push dem pass MARA Holdings as di third-biggest publicly traded corporate BTC treasury. For Q1, Metaplanet add over 5,000 BTC at about $79,898 per coin, and dem BTC Yield report na 2.8% YTD (na mean diluted-share growth metric, no be staking yield). This move different from MARA, wey reportedly cut exposure from ~53,822 BTC near start of year to 38,689 BTC by late March. MARA sell 15,133 BTC (about $1.1B) from March 4–25; part of di money dem use to buy back roughly $1B convertible senior notes, wey reduce dia debt by 30%. Other demand highlights include Strategy (Michael Saylor), wey add about 89,000 BTC in Q1 and dey hold 762,099 BTC at average cost of about $75,699. Blockstream CEO Adam Back also yarn say dem plan pivot through Bitcoin Standard Treasuries, including reported ~$1.5B BTC buy after SPAC approval (still pending as of April 2). Traders suppose dey watch how these ongoing Bitcoin treasury flows and competing corporate buys go affect near-term BTC supply and momentum.

Bullish

Bullish for BTC because di latest update show say corporate Bitcoin treasury dem still dey buy even as market soft/fearful, wit Metaplanet pass MARA after e add 5,000+ BTC at fairly low average cost. Even though MARA reduce their exposure, di net effect wey dem highlight here no be wide corporate retreat—Strategy still dey accumulate heavy, and another ~$1.5B BTC plan tied to Bitcoin Standard Treasuries fit add potential forward demand visibility. Short-term, concentrated treasury purchases fit tighten perceived available BTC supply and support sentiment, especially when big issuers dey actively reallocate capital. Long-term, persistent treasury compounding (and planned capital raising/structured buy plans) fit keep institutional-style demand expectations high. But di impact fit be limited if broader market selling strong pass these flows; still, di direction of Bitcoin treasury accumulation inside di report dey net supportive for BTC price momentum.