Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,111 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to 11,111 BTC.
Metaplanet Expands Bitcoin Holdings to 11,111 BTC With Recent Acquisition
WRITTEN BY
SHARE
The latest purchase was made at an average price of 15,535,502 yen per bitcoin, amounting to a total investment of 17.260 billion yen. Overall, Metaplanet’s bitcoin holdings have been accumulated at an average purchase price of 14,077,243 yen per bitcoin, totaling 156.412 billion yen. The company utilizes key performance indicators such as BTC Yield to evaluate the effectiveness of its acquisition strategy, which aims to enhance shareholder value. Recent BTC Yield figures indicate significant performance, with rates of 41.7%, 309.8%, and 95.6% reported for the periods from July to March, and a current yield of 107.9% for the quarter to date.
