Japanese hotel company Metaplanet (3350) has announced the acquisition of an additional 160 BTC at an average purchase price of 12.5 million yen, which is approximately $83,600 per BTC. This strategic investment totals 1.998 billion yen, equivalent to $13.4 million.
The latest acquisition has elevated Metaplanet’s total bitcoin holdings to an impressive 4,206 BTC, which were accrued at an average purchase price of 12.9 million yen, or about $86,500 per BTC. This culminates in a staggering cumulative investment of 54.3 billion yen, approximately $363.5 million.
In terms of performance, Metaplanet reported a remarkable 95.6% BTC yield for Q1 2025, while achieving a 3.9% BTC yield thus far in Q2. It is important to note that BTC yield measures the change in the ratio of total bitcoin holdings to the fully diluted shares outstanding over a specified period.
Despite these impressive figures, the company’s Tokyo-listed shares experienced a decline, closing down 1.22% at 404 yen on Tuesday.
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