It may have sold some of its stash last quarter, but Japanese bitcoin giant Metaplanet has said it was just to demonstrate to investors that it could if it wanted to. 

In a filing Monday, the Tokyo Stock Exchange-listed firm said that it bought a total of 1,000 bitcoin in the third quarter of this year — landing it a spot as the second biggest bitcoin treasury. 

JUST IN: 🇯🇵 Japan’s Metaplanet announces a net increase of 1,000 Bitcoin worth $86 million in Q3 🚀

They just became the 2nd-largest corporate BTC holder on Earth 👏 pic.twitter.com/ZjSBkRWdvc

— Bitcoin Magazine (@BitcoinMagazine) October 5, 2026

“The transaction was intended to strengthen confidence…

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