CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Feb 17, 2025

Metaplanet Acquires $26.4 Million in Bitcoin, Total Holdings Reach 2,031 BTC

1 min

Metaplanet (3350) acquired 269.43 bitcoin, increasing its total holdings to 2,031.41 BTC. The purchase, valued at 4 billion yen ($26.4 million), is part of its Bitcoin Treasury Operations initiated in April 2024.

  • Total investment in Bitcoin now stands at 24.9 billion yen.
  • Average purchase price per BTC is 12.2 million yen.
  • Yield for Q4 was nearly 310%; current yield for Q1 is 15.3%.
  • Recently raised $745 million through issuance of 21 million shares to fund further acquisitions.
  • Ranked 16th among publicly traded companies by Bitcoin holdings.
  • Shares rose 2.2% to 6,040 yen.