Metaplanet Adds 136 Bitcoin, Total Holdings Exceed 20,000 Coins
Tokyo-listed Metaplanet (MTPLF) has increased its bitcoin (BTC) holdings by 136 coins, bringing its total to over 20,136 BTC. The average purchase price was slightly under $112,000 per bitcoin, resulting in total expenditures exceeding $2 billion.
Key details include:
- Metaplanet measures investment performance using a BTC yield metric.
- From April to June, the BTC yield was 129.4%; for Q3 so far, it is 30.8%.
- Metaplanet ranks as the sixth-largest publicly traded bitcoin treasury company.
- Publicly traded companies collectively hold over 1 million BTC; Strategy holds the most at 638,460 BTC.
- Shares of Metaplanet have declined over 30% in the past month due to a drop in bitcoin prices and a decreasing market net asset value (mNAV).