🚀 Metaplanet Doubles Down on Bitcoin

🇯🇵 Japan’s Metaplanet has made another bold move into Bitcoin, adding 518 BTC (~$61.4M) at an average price of $118,519 per coin.

🔑 Key Highlights:

▫️ Total Holdings: 18,113 BTC (~$1.85B) at an average cost of $101,911.

▫️ Latest Purchase (Aug 12): 9.086B yen worth of BTC at 17,540,861 yen per coin.

▫️ July Buy: 463 BTC for $53.7M at $115,895 average price.

▫️ YTD Yield: +459.2%

📢 This pace mirrors other BTC-focused firms like Strategy, which recently purchased 155 BTC ($18M), bringing their massive holdings to 628,946 BTC ($46.09B).

💡 Why it matters: Metaplanet’s aggressive accumulation signals growing institutional conviction in Bitcoin as a treasury asset — a “Bitcoin standard” approach that could redefine corporate balance sheets.

#Bitcoin #Crypto #InstitutionalInvestment #Metaplanet #Blockchain

https://coingape.com/just-in-japans-metaplanet-expands-bitcoin-treasury-with-518-btc-purchase/?utm_source=bnb&utm_medium=coingape