HomeNewsCoindeskMetaplanet Becomes Ninth Largest Public Bitcoin Holder With Latest BTC Buy

Metaplanet Becomes Ninth Largest Public Bitcoin Holder With Latest BTC Buy

-



Metaplanet Inc. (3350) added 319 bitcoin (BTC) to its treasury. The Japanese firm made its latest buy at an average price $83,147) per coin.

This latest purchase brings the company’s total bitcoin holdings to 4,525 BTC, with an aggregate cost basis of $408.1 million and an average acquisition price of $90,194.

This move is part of Metaplanet’s broader bitcoin treasury operations strategy, launched in December 2024, aimed at using digital assets to enhance shareholder value.

The company evaluates its performance through BTC Yield, a measure of bitcoin holding growth relative to share outstanding. For Q1 2025, its BTC yield reached 95.6%, with a year-to-date figure of 6.5% as of April 14.

The acquisitions are supported by dynamic capital market activity, including bond issuances and stock acquisition rights, enabling Metaplanet to raise substantial funds while minimizing dilution. In total, approximately 41.7% of the company’s “210 million plan” has been executed.

Disclaimer: This article, or parts of it, was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.





Source link

News source: Metaplanet Becomes Ninth Largest Public Bitcoin Holder With Latest BTC Buy
Read the full article and more directly from the source!

Enjoying our initiative? Support us with a BTC donation:
BTC Wallet: bc1q0faa2d4j9ezn29uuf7c57znsm5ueqwwfqw9gde

LATEST POSTS

Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test

In brief MiniMax-M1 excels at coding and agent tasks, but creative writers will want to look elsewhere. Despite marketing claims, real-world testing finds platform limits, performance...

Bybit Ethereum Heist Propels Record $2.1 Billion in Crypto Stolen by Hackers So Far in 2025

In brief The amount of crypto stolen by hackers in the first half of 2025 has set a new record. Over $2.1 billion was swiped by...

‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game?

In brief FIFA Rivals is a free-to-play mobile soccer game on iOS and Android. It supports optional player and gear NFTs minted on the Polkadot-powered Mythos...

How Much Bitcoin Has Iran Mined? It’s Complicated

In brief Iran accounted for a 7.5% of the Bitcoin hashrate in March 2021, a figure that fell to 0.12% by the next year. Some experts...

Most Popular

spot_img