Metaplanet Acquires 696 Bitcoin, Total Holdings Reach 4,046 BTC
Metaplanet Inc Acquires 696 BTC
- Metaplanet Inc increased its Bitcoin holdings to 4,046 BTC worth $380 million.
- The acquisition was made using cash-secured put options, with an average purchase price of ¥14,586,230 ($105,700) per Bitcoin.
- Total expenditure for the recent purchase was ¥10.15 billion ($73.5 million).
- The company's Bitcoin Income Generation business reported operating revenue of ¥770.35 million ($5.58 million) in Q1 2025.
- Metaplanet achieved a BTC yield of 309.8% in Q4 2024 and 95.6% in Q1 2025.
- Total Bitcoin holdings increased from 141.07 BTC in June 2024 to 4,046 BTC by March 2025.
- Metaplanet ranks ninth among corporate treasuries holding Bitcoin.
- Stock price recovered by 2% to 409 JPY after a previous drop, marking over 2000% growth in the past year.
- Current Bitcoin price is $84,356, with a market cap of $1.67 trillion.