The firm listed in Tokyo metaplanet (MTPLF) has added an additional 136 Bitcoin to its treasury, after earlier this month holds its holdings Over 20,000 coins.
The acquisition was made at an average purchase price under just $ 112,000 per Bitcoin and raised the total firm spent at BTC to over $ 2 billion.
Metaplanet monitors its investment performance through a BTC yield measurement, which measures the growth of Bitcoin held each fully melted part than the traditional yield obtained in the properties held.
From April to June, the metaplanet posted a BTC yield of 129.4%. For the third quarter to the present, the figure stands at 30.8%
The company’s 20,136 BTC stash is making the sixth largest public-the-sized Bitcoin Treasury Company. Together, these companies hold more than 1 million BTCs, with a lion’s part from 638,460 bitcoin treasury of the strategy.
Shares dropped more than 30% in the last month, hit by a moderate decline in bitcoin prices along with a backdrop of MNAV – the company’s cap premium compared to its bitcoin handling.
