LATEST: Metaplanet Buys 1,004 More Bitcoin, Now Holds 7,800 BTC in Portfolio

Metaplanet Inc. a Tokyo-based bitcoin treasury company has acquired 1,004 more bitcoin pushing its total holdings to 7800 BTC. The purchase was made at an average price of ¥15,134,304 per bitcoin resulting in an investment of nearly ¥15.2 billion. This move highlights the company’s aggressive strategy to expand its bitcoin portfolio.

The firm reported a bitcoin yield of 417% for the period between July and September 2024. In the following quarter the yield surged to an impressive 3,098%. These results show the strong performance of Metaplanet’s bitcoin investments over the past months and signal growing confidence in its treasury strategy.

Metaplanet continues to prioritize shareholder value through its Bitcoin Treasury Operations. By increasing its bitcoin reserves the company aims to capitalize on long-term crypto growth while reducing dilution risks. The latest acquisition further solidifies Metaplanet’s position as a key institutional player in the global crypto space.

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