Metaplanet Expands Bitcoin Holdings with Significant Acquisition
Metaplanet, a prominent Japanese hotel company listed under the stock code 3350, has made headlines with its recent acquisition of an additional 160 BTC. This purchase was executed at an average price of 12.5 million yen, which is approximately $83,600 per BTC. The total investment for this acquisition amounts to 1.998 billion yen, equivalent to about $13.4 million.
This latest acquisition raises Metaplanet’s total Bitcoin holdings to an impressive 4,206 BTC. The cumulative average purchase price of these holdings now stands at 12.9 million yen, or roughly $86,500 per BTC, resulting in a total investment of 54.3 billion yen, which is around $363.5 million.
In terms of performance, Metaplanet reported a remarkable 95.6% yield on its Bitcoin investments for the first quarter of 2025. Additionally, the company has achieved a 3.9% yield so far in the second quarter. The term ‘BTC yield’ refers to the fluctuation in the ratio of total Bitcoin holdings relative to the fully diluted shares outstanding over a specified timeframe.
On the trading front, the company’s shares, listed in Tokyo, experienced a slight decline, closing down 1.22% at 404 yen on Tuesday.
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