Metaplanet purchases 5,075 BTC as MARA shifts focus from Bitcoin to AI

• Metaplanet bought 5,075 BTC for 450 million in Q1 2026, overtaking MARA to develop into the third largest Bitcoin holder.
• MARA offered 15,133 BTC for $1.1 billion and reduce 15% of its workforce to pay down debt and pivot to AI infrastructure.
• Metaplanet is concentrating on 100,000 BTC, and company shopping for might intensify as miners shift their capital methods.

Metaplanet acquired 5,075 Bitcoins for about $405 million within the first quarter of 2026, overtaking MARA to develop into the third largest company Bitcoin holder with a complete of 40,177 BTC. In the meantime, US mining firm MARA offered 15,133 BTC price $1.1 billion and laid off 15% of its workers with a view to pay down debt and concentrate on AI infrastructure. These contrasting actions spotlight the variations in Bitcoin’s monetary methods.

April 2, 2026 In a significant increase to its Bitcoin treasury technique, Tokyo-listed Metaplanet Co., Ltd. (TSE 3350) acquired 5,075 Bitcoin (BTC) in a single week within the first quarter of 2026, surpassing MARA Holdings to rank because the third largest company Bitcoin holder. The acquisition was accomplished by March 31, 2026 for $450 million.

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Metaplanet adopted the BTC customary technique in April 2024 and quickly expanded its holdings by shares, warrants, and purchases, attaining a 2.8% BTC yield in Q1 2026 whereas treating Bitcoin as a treasury reserve.

This newest buy brings Metaplanet’s whole Bitcoin holdings to 40,177 BTC, with a cumulative price of roughly $4.18 billion, or a median of $97,593 per BTC. At present market costs, Metaplanet, which trades below the ticker MPJPY, has an enterprise worth of $3 billion.

MARA sells $1.1 billion in BTC and cuts 15% of workers

Between March 4, 2026 and March 25, 2026, MARA Holdings offered 15,133 BTC for about $1.1 billion. The corporate used many of the proceeds to repurchase roughly $1 billion of 0.00% convertible notes due in 2030 and 2031 at a 9% low cost. This lowered MARA’s convertible debt by roughly 30%, from $3.3 billion to $2.3 billion, and its Bitcoin holdings decreased by 28%, from 53,822 BTC to 38,689 BTC.

As a result of sale of Bitcoin, the corporate’s headcount was lowered by 15%. The layoffs, which have been carried out en masse throughout a number of departments in early April, mirror MARA’s broader strategic shift away from a pure Bitcoin mining mannequin.

The discount in MARA’s holdings immediately permits Metaplanet to surpass MARA and develop into the third largest company Bitcoin holder on this planet. MARA framed this transfer as a strategic shift from pure BTC mining to AI and power infrastructure.

What’s subsequent for company BTC authorities bonds amidst the minor pivot?

Many public BTC miners face continued stress from post-halving financial circumstances, rising power prices, and compressed revenue margins in 2026. Consequently, some corporations are shifting away from a pure BTC HODL mannequin.

Corporations like Core Scientific, Hut 8, and Cipher Mining are repurposing information facilities for AI workloads, typically promoting off a few of their Bitcoin holdings to fund transitions or steadiness sheet administration.

Bitcoin-focused treasury companies deal with Bitcoin as a main reserve reasonably than a byproduct of mining, and proceed to make aggressive purchases whilst total company purchases have slowed. By means of fairness elevating and disciplined accumulation, Metaplanet goals to achieve 100,000 BTC by the tip of 2026 and 210,000 BTC by 2027, concentrating provide on dedicated gamers and strengthening its function as a strategic reserve for Bitcoin.

This atmosphere is subsequently more likely to foster focus amongst a smaller group of dedicated gamers and strengthen Bitcoin’s function as a strategic company reserve amidst volatility.

Associated: Thailand’s DV8 plans 10,000 BTC treasury, targets 1,000 BTC in 2026