Japan’s Metaplanet adds 150 BTC, now holds 3,350 BTC
Metaplanet added 150 BTC to its treasure at an average price of 12.57 million yen ($ 80,000) per BTC, totaling 1.886 billion yen ($ 12.1 million).
According to Metaplanet’s March 24 manager statementThis brings its total bitcoin (BTC) Subjects to 3,350 BTC, purchased at an overall cost of 42.22 billion yen (270 million dollars), on average 12.60 million yen ($ 80,200) per BTC. Since the official adoption of Bitcoin as a key element in his activities, Metaplanet has quickly increased his assets to become the biggest Asian Bitcoin holder.
The company has used rights to acquire shares through EVO bonds and zero coupon bonds to finance its acquisitions. In March alone, Metaplanet bought 2 billion yen (12.8 million dollars) of bonds in advance on hold emission. This strategy allowed the company to continue buying bitcoin without taking debts with interest.
A key metric used by the company to monitor its Bitcoin strategy is the BTC yield, which calculates the percentage increase in BTC assets compared to fully diluted actions.
After having increased by 309.8% in the fourth quarter of 2024, Bitcoin yield has so far reached 68.3% for the first quarter of 2025. Meanwhile, since it began to accumulate Bitcoin in April 2024, the Metaplanet’s share price increased by more than 3000%, indicating a great confidence of investors.
In other related news on March 21, Metaplanet announcement The creation of a new advisory advice, Eric Trump being his first member. Trump, who has real estate and finance training, should contribute commercial expertise to the company’s mission to become a leading Bitcoin cash company.
The CEO of Metaplanet, Simon Gerovich, noted that the Advisory Council will include votes, speakers and influential opinion leaders determined to advance the adoption of Bitcoin. Although the company has not disclosed specific details on the role of Trump, it described its appointment as part of a wider effort to attract leading advisory talents.
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