Metaplanet Expands Bitcoin Holdings with Latest Acquisition
- Metaplanet purchased an additional 136 BTC for $15.2 million, bringing total holdings to 20,136 BTC.
- The firm has achieved a “BTC Yield of 487% YTD” in the year with an average purchase price of $103,196 per Bitcoin.
- Metaplanet is now approximately at 67% of its goal to accumulate 30,000 BTC by the end of the year and has reached 20% of its revised target of 100,000 BTC by the end of next year.
- The company needs to acquire nearly 10,000 more BTC by year-end to meet its ambitious timeline.
- Metaplanet’s stock has fallen roughly 65%, now trading at about $4.60 per share.
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