Metaplanet Invests $52M in Bitcoin, Total Holdings Near $2B
Metaplanet, a Tokyo-based company, has acquired 463 more Bitcoins for approximately $52 million, raising its total holdings to about $1.8 billion. This makes it one of the top corporate Bitcoin holders globally.
- Purchase made at an average price of $119.5K per coin
- Total holdings now stand at 17,595 Bitcoins
- Strategic move to safeguard shareholder value amid inflation and yen depreciation
- $BTC Yield reported at 24.6% from July 1 to August 4
- Q2 yield reached 129.4%, with gains of 5,237 Bitcoins valued at around $604 million
In contrast, retail investors are shifting their focus to Bitcoin Hyper ($HYPER), a Layer 2 solution designed for faster transactions and lower fees on the Bitcoin network. Key features include:
- Utilizes Solana Virtual Machine for sub-second transactions
- Integrates smart contracts, dApps, and DeFi into the Bitcoin ecosystem
- Facilitates cross-chain functionality across Bitcoin, Ethereum, Solana, and more
- Supports transactions, staking, governance, and token launches
Bitcoin Hyper's presale has raised over $7 million, attracting interest from investors seeking early access to staking rewards and governance rights. Metaplanet's recent Bitcoin acquisition reflects growing institutional confidence in Bitcoin as a core asset, while Bitcoin Hyper aims to modernize Bitcoin's utility for users.