Strategy and Metaplanet, the two largest public-company Bitcoin holders in the world, have reframed their corporate strategy around BTC Yield, a metric measuring the growth of Bitcoin holdings per fully diluted share. Strategy holds approximately 840,447 BTC while Metaplanet holds around 43,000 BTC. Metaplanet acquired 5,075 BTC in Q1 2026 and another 2,823 BTC in Q2 2026 at an average price of roughly $78,579 per coin, targeting 100,000 BTC by end of 2026 and 210,000 BTC by end of 2027. Strategy is aiming for 1 million BTC, representing 4.8% of Bitcoin’s total fixed supply. On August 14, 2026, MSCI proposed rules that could exclude these non-operating firms from its global equity indexes, which could compress the premium on their shares and undermine the value-creation mechanism of the BTC Yield strategy.
Source: Read the original article
