Highlights
- Metaplanet's CEO says he believes Bitcoin's bottom is already in, citing resilient new buyers.
- The Tokyo-listed firm holds roughly 43,000 BTC, among the largest corporate Bitcoin treasuries globally.
- Bitcoin fell 34% in the first half of 2026 before rallying past $80,000 in late August.
- The call adds to a pattern of corporate treasury executives turning bullish after a rough first half.
Metaplanet's chief executive says the worst may be over for Bitcoin. In a tweet highlighted by Coin Bureau, the Tokyo-listed company's CEO argued that Bitcoin has likely found its bottom, pointing to new buyers who are “not going anywhere” as evidence the market has absorbed its recent selling pressure. The comment lands as Metaplanet, one of the world's largest corporate holders of Bitcoin, continues to expand its treasury strategy despite a volatile year for the asset.
I believe the bottom is in. And I'm expecting a much brighter rest of the year.
Metaplanet's Bitcoin War Chest
Metaplanet has built one of the largest corporate Bitcoin treasuries in the world, holding roughly 43,000 BTC as of mid-August 2026. The firm added 5,075 BTC in the first quarter alone, and in August it moved to expand its strategy internationally, committing 2,100 BTC alongside $2.5 million in cash to help launch Superplanet, a U.S.-based Bitcoin treasury platform. That expansion continued even as Bitcoin endured a rough stretch: the asset fell roughly 34% during the first half of 2026, bottoming near $58,000 on July 1 before staging a recovery.
That recovery has since accelerated. After stabilizing in the low-$60,000s through much of August, Bitcoin broke above $80,000 on August 25 for the first time in more than three months, touching an intraday high above $81,000. The move followed a surprise decision by the U.S. Treasury to expand its long-term bond-buying program, a liquidity-friendly shift that has helped risk assets broadly. It's against this backdrop that Metaplanet's CEO is framing the case for a bottom already behind the market.
A Bullish Signal Amid Shifting Sentiment
Calls like this carry extra weight coming from a corporate treasury executive whose company's fortunes are directly tied to Bitcoin's price. Metaplanet has faced its share of scrutiny this year, with its CEO repeatedly having to defend the firm's strategy and transparency as its share price came under pressure alongside Bitcoin's decline. A public declaration that the bottom is in, paired with continued buying and platform expansion rather than retrenchment, signals conviction rather than mere talking-book optimism.
Related: CZ Says Bitcoin Will Overtake Gold, But Not Without a Fight
The comment also fits into a broader pattern: corporate Bitcoin treasury companies have largely treated 2026's drawdown as an accumulation opportunity rather than a reason to retreat. Bulls point to that steady institutional demand, alongside easier monetary conditions, as the reason new buyers appear to be holding firm rather than capitulating into weakness — precisely the dynamic Metaplanet's CEO cited in his remarks about the market's “new buyers.”
What to Watch Next
Whether this bottom call holds will depend on Bitcoin sustaining its move above the $80,000 level it reclaimed in late August, rather than reversing back toward the year's lows. Investors will also be watching Metaplanet's next purchase disclosures and earnings updates for signs of whether the company continues adding to its treasury at pace, and how its new Superplanet venture performs as an early test of Bitcoin treasury strategy expanding beyond Japan.
