Metaplanet Inc. Boosts Bitcoin Holdings with 319 BTC Purchase
Metaplanet Inc. (3350), a Japanese firm, has added 319 bitcoin (BTC) to its treasury, bringing its total holdings to 4,525 BTC. The latest purchase was made at an average price of $83,147 per coin, with an aggregate cost basis of $408.1 million and an average acquisition price of $90,194.
Bitcoin Treasury Operations Strategy
This move is part of Metaplanet's broader bitcoin treasury operations strategy, launched in December 2024, aimed at using digital assets to enhance shareholder value. The company evaluates its performance through BTC Yield, a measure of bitcoin holding growth relative to shares outstanding.
BTC Yield: 95.6% for Q1 2025, with a year-to-date figure of 6.5% as of April 14.
Capital Market Activity: Dynamic activity, including bond issuances and stock acquisition rights, has enabled Metaplanet to raise substantial funds while minimizing dilution.
Execution of "210 million plan": Approximately 41.7% of the plan has been executed.
Metaplanet's continued investment in bitcoin demonstrates its commitment to its bitcoin treasury operations strategy. As the company continues to accumulate BTC, it will be interesting to see how this impacts its shareholder value and overall performance. #metaplanet