Key Takeaways
- Metaplanet acquired 269 Bitcoin value ¥4 billion, elevating its whole to 2,031 BTC.
- The agency’s inventory elevated 73% YTD, primarily pushed by its Bitcoin-focused technique.
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Tokyo-listed funding agency Metaplanet introduced Monday it acquired 269 Bitcoin value ¥4 billion. The corporate’s inventory has gained 73% year-to-date, in line with MarketWatch knowledge, with the rise notably following its Bitcoin technique announcement.
*Metaplanet purchases extra 269.43 $BTC* pic.twitter.com/gIkpqVdALK
— Metaplanet Inc. (@Metaplanet_JP) February 17, 2025
Metaplanet’s newest Bitcoin purchase boosts their whole holdings to roughly 2,031 BTC. At right now’s costs, the stash is value about $196 million.
With a median buy value of round $80,700 per Bitcoin, Metaplanet’s general Bitcoin funding has elevated in worth by round 16%.
In line with knowledge from Bitcoin Treasuries, Metaplanet now ranks because the 14th largest public firm globally holding Bitcoin. In Asia, the agency is second solely to China’s Boyaa Interactive, which at present owns 3,183 BTC.
Metaplanet reported BTC Yield, its key indicator created to evaluate the efficiency of its Bitcoin acquisition technique, reached 41% from July to September 2024.
The yield surged to 309% within the fourth quarter of 2024 and stands at round 15% quarter thus far by means of February 17, 2025.
The newest BTC buy got here after the corporate just lately secured ¥4 billion by means of a zero-coupon bond issuance to EVO FUND and accepted the issuance of 21 million shares to EVO FUND through Inventory Acquisition Rights. These strikes are geared toward funding extra Bitcoin purchases, Metaplanet acknowledged.
Metaplanet is pursuing an aggressive Bitcoin acquisition technique, concentrating on 21,000 BTC by 2026.
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