🚨 #MetaplanetBTCPurchase 🚨
Metaplanet, Inc. specializes in hotel development and operations. It operates through two divisions: Hotel and Bitcoin. The Bitcoin division offers specialized consulting services to help businesses adopt Bitcoin.
- Metaplanet Inc. (3350) added 319 bitcoin (BTC) to its treasury. The Japanese firm made its latest purchase at an average price of US$ 83,147 per coin.
- This acquisition raises the company's total bitcoin holdings to 4,525 BTC, with an aggregate cost basis of US$ 408.1 million and an average acquisition price of US$ 90,194.
- The measure is part of the broader treasury operations strategy in bitcoin by Metaplanet, launched in December 2024, aimed at using digital assets to enhance shareholder value.
- The company evaluates its performance through BTC yield, a metric that measures the growth of bitcoin holdings relative to shares outstanding. In the first quarter of 2025, its BTC yield reached 95.6%, with a year-to-date figure of 6.5% as of April 14.