Japanese investment firm Metaplanet has expanded its bitcoin holdings with a purchase of $ 6.6 million, making it a total of 2,100 BTCs.
Tokyo -based investment firm Metaplanet announced on Thursday that it bought 68.59 bitcoins (BTCs) for about 996 million Japanese yen (or about $ 6.6 million), making it a total bitcoin holdings 2,100 BTC, or about 0.01% of the total bitcoin supply. Is.
In 20 February Additional procurement noticeThe firm said that the average price of the latest purchase was 14.53 million yen per BTC. Metaplanet also tracks the BTC yield, which measures changes in bitcoin holdings relative to its completely diluted shares. The firm reported 41.7% BTC yield for Q3 2024. In Q4 2024, MT jumped up to 309.8%.
Metaplanet launched its bitcoin strategy on 8 April 2024. It aims to reach 10,000 BTC by the end of 2025 and is 21,000 BTC by the end of 2026. With the latest procurement, it has revealed its first disclosure “about 2.38% of 21 million. Plan”, under which 21 million shares of 0% discount stock acquisition rights were issued to EVO funds. After the news broke, Metaplanet of Metaplanet The stock increased by 1.79% on the over-the-counter market.
Earlier in February, Metaplanet’s shares fell over 8% after the Japanese company announced a 10 -for -1 stock division for the purpose of improving liquidity. The move consolidated 10 shares in one after the August 2024 reverse split. Metaplanet said that the rapid growth of stock had made it expensive to enter for investors. As Crypto.NuS had previously reported, Metaplanet has become Japan’s top performance stock, growing 3,600% after focusing its focus on bitcoin.
