Metaplanet flips MARA with 43K BTC, but can it still reach 100K?
Japanese firm Metaplanet has become the world's third-largest corporate Bitcoin treasury, surpassing Marathon Digital (MARA) with holdings of 43,000 BTC. While receiving praise from MicroStrategy's Michael Saylor, the article questions whether Metaplanet can achieve its ambitious target of 100,000 BTC by the end of 2026. Its accumulation pace has slowed, with only about half the purchases in Q2 compared to previous quarters. The broader Bitcoin treasury sector showed mixed demand in the first half of 2026, with a peak in April followed by a significant slowdown by June as BTC's price struggled. Some firms, like Riot Platforms and K Wave Media, have reduced or exited their Bitcoin holdings to fund other ventures like AI infrastructure or debt repayment.
ambcrypto07/03 05:33