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Metaplanet Boosts Bitcoin Holdings to 2,391 BTC
Generated by AI AgentCoin World
Sunday, Mar 2, 2025 11:43 pm ET1min read
Metaplanet, a leading technology company, has recently bolstered its cryptocurrency portfolio with a significant purchase of Bitcoin. The company acquired an additional 156 Bitcoin, valued at approximately $13.4 million, bringing its total holdings to 2,391 BTC.
The acquisition, part of Metaplanet's ongoing Bitcoin Treasury Operations, saw the company purchase the cryptocurrency at an average price of 12,952,147 yen per Bitcoin, totaling 2.021 billion yen. This strategic move has increased Metaplanet's total Bitcoin holdings to 2,391 Bitcoin, representing a total investment of 29.828 billion yen.
Metaplanet's commitment to expanding its Bitcoin reserves is evident in its recent acquisition. The company has consistently demonstrated a strong belief in the potential of cryptocurrencies, particularly Bitcoin, as a viable investment option.
In terms of performance, Metaplanet's Bitcoin yield has been impressive. In the fourth quarter of 2024, the company's BTC Yield stood at 309.8%. From January 1, 2025, to March 3, 2025, the company achieved a BTC Yield of 31.8%. These figures underscore the company's success in leveraging the volatility of the cryptocurrency market to its advantage.
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