Leaderboard / Bitcoin Treasury / Japan

Metaplanet (3350.T) bitcoin per share

BTC per share

0.00003359

BTC held ÷ shares outstanding

Sats per share

3,359.38 sats

1 BTC = 100,000,000 sats

BTC held

43,000 BTC

as of August 3, 2026

Shares outstanding

1,280,000,000

basic, as of August 3, 2026

USD value per share

live BTC spot × BTC per share

Leaderboard rank

#31 of 81

Data confidence: high

Metaplanet is a dedicated bitcoin treasury company, which means BTC per share is not a curiosity here. It is the product. When accumulation is the whole strategy, the only question that matters is how much bitcoin stands behind each share and whether that number is rising or falling. Listed on Tokyo Stock Exchange (Standard) and based in Japan, it holds 43,000 BTC against 1,280,000,000 shares outstanding, which works out to 3,359.38 satoshis per share. That puts it at rank 31 of 81 on the bitcoinps.com leaderboard, in the upper half of listed corporate holders on a per-share basis.

The math

The calculation is deliberately simple: 43,000 BTC (as of August 3, 2026) divided by 1,280,000,000 basic shares (as of August 3, 2026) gives 0.00003359 BTC per share. Put another way, you would need roughly 29,768 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.

Holdings context

Both the numerator and the denominator are moving here. The company keeps adding bitcoin, but it funds those purchases by issuing shares, so BTC per share only rises when new coins outpace new stock. That race, not the headline coin count, is the number to watch.

Analyst note (2026-08-03): Hit 43,000 BTC per 2026-07-02 announcement (added 2,823 in Q2); CoinGecko still shows 43,000 as of 2026-08-03. Constant issuance via moving-strike warrants ('flywheel') - share count HIGH VOLATILITY, check Metaplanet analytics page for exact count. BTC/share ~0.0000336 (sanity check passes).

What would change this number

Share issuance (ATM programs and placings). This company has a record of funding itself, and in some periods funding bitcoin purchases, with new equity. Every share sold at the market adds to the denominator. Issuance above the stock's bitcoin value per share is accretive; issuance below it dilutes every existing holder's sats.
New bitcoin purchases or sales. Any change to the coin count moves the numerator one for one. Purchase announcements lift BTC per share immediately; sales, loans against the position or collateral arrangements cut or complicate it.

Quick reference: at the current figure, roughly 29,768 shares of 3350.T represent one full bitcoin.

Sources

Listed on Tokyo Stock Exchange (Standard). Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.