Metaplanet (3350)a investment company listed in Tokyo, said it bought another 463 Bitcoin
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The latest purchase is worth company 7.995 billion yen ($ 540 million) At an average price of 17.3 million yen per Bitcoin and takes a total handling of 17,595 BTC. In all, metaplanet pays some 261.28 billion yen for its stash.
The purchase arrived in the middle of a slump in the price of metaplanet sharing, which slipped to 987 yen on Monday, nearly 50% below the June climax. By its value reflecting both Bitcoin price change and increasing BTC handling, the metaplanet positions itself as Asia’s closest proxy with a funds exchanged by the Bitcoin exchange.
The company reported BTC Yield, which was the agcoin aging in each part, which was 309.8% for the fourth quarter 2024 and 129.4% for the second quarter. The yield slowed 52.6% until August 4.
