BTC AB Acquires 1 Bitcoin, Strategy Inc Pauses Purchases, Metaplanet Rises to Third Largest Corporate Bitcoin Holder

• BTC AB acquired one bitcoin at USD 68,706, increasing its total holdings to approximately 167 bitcoin. The company plans to build its position gradually through dollar cost averaging.
• Strategy Inc. did not purchase any bitcoin during the week ending March 29, breaking a 13-week streak. The company announced a $42 billion capital-raising plan through common and preferred stock.
• Metaplanet acquired 5,075 bitcoin in Q1 2026, surpassing MARA Holdings as the third-largest corporate bitcoin holder, with total holdings of 40,177 bitcoin.

BTC AB has taken a step toward expanding its Bitcoin holdings by acquiring 1 BTC at USD 68,706. This purchase follows a failed shareholder redemption offer, prompting the company to deploy capital directly into Bitcoin. BTC AB now holds approximately 167 BTC and plans to gradually build its position using a disciplined dollar cost averaging strategy.

The firm also reiterated its commitment to a rights issue of Class A Preference Shares to support its growth strategy. This approach aligns with broader efforts to navigate market volatility in the Bitcoin market.

Strategy Inc., led by Michael Saylor, paused its 13-week streak of consecutive Bitcoin purchases. The company did not purchase any BTC during the week ended March 29, a notable deviation from its previous acquisition pattern.

This pause follows the announcement of a $42 billion capital-raising plan, including $21 billion in Class A common stock and $21 billion in perpetual preferred shares. The move reflects a broader capital management strategy as Strategy Inc. holds approximately 762,099 BTC with an average purchase price of $75,694 per BTC.

Metaplanet has emerged as the third-largest corporate Bitcoin holder, surpassing MARA Holdings after acquiring 5,075 BTC in Q1 2026. The purchase brought its total holdings to 40,177 BTC with an average cost of roughly $79,898 per BTC.

MARA Holdings, previously in the top three, sold 15,133 BTC for about $1.1 billion to repurchase convertible notes and strengthen its balance sheet. This pivot aligns with MARA's broader strategy to expand into AI infrastructure and data centers.

Metaplanet now holds an average cost basis of about $104,106 per BTC, with a total outlay of $4.18 billion. The company aims to grow its Bitcoin per diluted share while minimizing dilution through capital market activity and income generation from options strategies.

What triggered BTC AB to acquire additional Bitcoin?

BTC AB's decision to acquire 1 BTC followed a failed redemption initiative that did not attract shareholder interest. The company chose to deploy capital directly into Bitcoin, prioritizing a gradual accumulation strategy.

BTC AB aims to maintain a balanced approach in a volatile market, using dollar cost averaging to mitigate risks associated with price fluctuations. The firm currently holds 167 BTC and remains committed to a broader growth strategy through a rights issue of Class A Preference Shares.

Why did Strategy Inc. halt its Bitcoin purchases?

Strategy Inc. did not purchase any Bitcoin during the week ending March 29, ending a 13-week streak. This pause comes after the company announced a $42 billion capital-raising plan, which includes $21 billion in Class A common stock and $21 billion in perpetual preferred shares.

The move reflects a strategic shift in capital management as Strategy Inc. seeks to finance larger initiatives. The company currently holds 762,099 BTC with an average purchase price of $75,694 per BTC.

What does Metaplanet's Bitcoin accumulation signify for the corporate market?

Metaplanet's acquisition of 5,075 BTC in Q1 2026 for $398 million pushed it past MARA Holdings as the third-largest corporate Bitcoin holder. This move underscores a growing trend of corporate Bitcoin adoption, particularly among non-American firms.

The company's strategy involves leveraging capital market activity and options income to fund purchases while minimizing dilution. Metaplanet's long-term goal is to reach 100,000 BTC by 2026 and 210,000 BTC by 2027, demonstrating a strong commitment to Bitcoin as a reserve asset.

Despite a significant unrealized loss due to Bitcoin's current price, Metaplanet remains focused on growing its holdings through disciplined capital management and strategic equity raises.