The Japanese Hotel Company Metaplanet (3350) earned 162 Bitcoin (BTC) for $ 13.5 million at an average price of $ 83,123 per Bitcoin, achieving a one-year-d-date Bitcoin harvest of 53.2%.
The BTC’s yield represents the percentage change in the ratio of Bitcoin handles to completely dissolve the shares remaining in a given period. On March 12, the metaplanet held 3,050 BTC worth $ 253.7 million, with an average extraction price of $ 83,180 per Bitcoin.
In addition, the company released 2 billion JPY ($ 13.5 million) in zero interest of ordinary bonds to fund further Bitcoin extraction. At the time of writing, metaplanet sharing traded at 3,630 yen, down by about 50% from all time high in February.
