Metaplanet (3350) It said to buy another 518 bitcoin
as part of its bitcoin treasury operation.
The purchase was made at an average price of $ 118,519 per Bitcoin, bringing the total purchase amount to nearly $ 61 million, the Tokyo investment company said Post on X.
The company, holding of Sixth largest corporate stash of Bitcoin, now holding 18,113 worth $ 1.85 billion. It pays an average of $ 101,911 per Bitcoin.
Metaplanet also provided an update on Bitcoin-related metrics. Between July 1 and August 12 the BTC’s yield stands at 26.5%, reflecting the growth of Bitcoin handles related to fully melted shares.
The previous BTC yield numbers featured prominent shocks. The figure was 41.7% in third-quarter 2024, rising to 309.8% by the end of the year. It then drops to 95.6% in the first quarter before revealing to 129.4% in the second.
The company measured BTC Ani and BTC acquired to monitor the acclative impact of the Bitcoin getting strategy for shareholders. Stock fell 2.7% to 975 yen ($ 6.6) on Tuesday.
Read more: Metaplanet duplicated Bitcoin as slide sharing, buy another $ 54M
