BTC Holdings
40,177 BTC
180d
Stock PriceUpdated 1d ago
291.00 JPY▲ 2.11%
180d
Total financing
76.20B JPY
180d
mNAV
0.81x▲ 2.23%
180d
Leverage
10.6%
180d
Amplification
15.7%
180d
BTC Risk
0.08%6.4x
Sats/Share
3,082
180d
Mkt capFD
379.32B JPY
SharesFD
1.30B
Fiat reserve
2.55B JPY
Total reserve
472.61B JPY
Dilution
1.8%
Coverage
406.3 yr
Analytics
BTC Coverage
FinancialsUnverified
J-GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets¥466.7B
Total Liabilities¥63.7B
Stockholders' Equity¥402.4B
Cash & Equivalents¥23.8B
Total Debt¥61.1B
Digital Assets¥435.7B
Income Statement
Revenue¥3.1B
Operating Income¥2.3B
Net Income¥-114.5B
Interest Expense¥934M
Cash Flow
Operating Cash Flow—
ATM Programs
Common
Instruments
| Instrument | Term | Price | Dividend | Yield | Notional | Shares | BTC Rating |
|---|---|---|---|---|---|---|---|
Mercury | Dec '25 – … | ¥1,000.00 | ¥49/yr | 4.90% | 23.61B JPY | 23,610,000 | 7.2x |
| Total | 23.61B JPY | ||||||
Recent Changes
Thu, Apr 30, 2026
Shares Outstanding
1.27B→1.28B+5.7M(+0.5%)
Excludes 26,707 treasury shares (1,279,913,624 incl. treasury)
Status of Share Repurchases (April 2026)ATM Activity2026-04-16 – 2026-04-30
5.0M shares$1.69B
EVO FUND third-party allotment; 50,000 of 1,000,000 rights exercised (5.0%); 950,000 rights remaining; proceeds derived from daily exercise rows (Apr 17 2,400,000@JPY343 + Apr 20 350,000@JPY345 + Apr 21 2,250,000@JPY333)
27th Series Stock Acquisition Rights Monthly Exercise (April 2026)Fri, Apr 24, 2026
Debt OutstandingIssuance3350-Apr27
8.00B
20th Ordinary Bond (JPY 8B, 0%)
Tue, Mar 31, 2026
BTC Holdings
35.1K→40.2K+5,075 BTC(+14.5%)
Notice of Additional Purchase of Bitcoin (Q1 2026)
Shares Outstanding
1.14B→1.27B+131.9M(+11.5%)
Excludes 26,707 treasury shares (1,274,171,340 incl. treasury). Re-bound to Apr 1 buyback notice for excl-treasury convention; prior 1,274,171,340 from metaplanet-pr-apr-2026 was the incl-treasury figure used in the BTC KPI table.
Status of Share Repurchases (March 2026)ATM Activity2026-03-31 – 2026-03-31
107.4M shares$40.80B
International placement to global institutional investors.. BTC est. assuming 100% proceeds to BTC at avg period price
Notice of Additional Purchase of Bitcoin (Q1 2026)Fri, Feb 13, 2026
Debt OutstandingRepayment3350-CFD
75.0M→0-75.0M(-100.0%)
Bridge draw repaid from Feb 2026 equity raise proceeds
Completion of Payment for New Shares & 25th Series Stock Acquisition RightsATM Activity2026-02-13 – 2026-02-13
24.5M shares$12.24B
Direct share placement to overseas institutional investors.. BTC est. assuming 100% proceeds to BTC at avg period price
Metaplanet Targets Up to $137 Million Equity RaiseFri, Jan 30, 2026
Debt OutstandingDraw3350-CFD
75.0M
Credit Facility D ($75M)
Wed, Dec 31, 2025
Fiat Reserve
1.49B→2.55B+1.06B(+71.5%)JPY
Consolidated Financial Results (FY2025)
Tue, Dec 30, 2025
BTC Holdings
30.8K→35.1K+4,279 BTC(+13.9%)
Notice of Additional Purchase of Bitcoin (Q1 2026)
Shares Outstanding
1.14B→1.14B+1.3M(+0.1%)
Notice of Additional Purchase of Bitcoin (Q1 2026)
Debt OutstandingIssuanceMercury
23.61B
Mercury Preferred Stock Issuance (JPY 21.25B)
Mon, Dec 29, 2025
Debt OutstandingMaturity3350-Dec25B
0
Redemption of the 19th Ordinary Bond
Mon, Dec 1, 2025
Debt OutstandingDraw3350-CFC
50.0M
Credit Facility C ($50M)