Metaplanet Inc. Expands Bitcoin Holdings to 3,050 BTC
- Metaplanet Inc. increased its Bitcoin treasury to 3,050 BTC, valued at approximately $250 million.
- The Tokyo-based firm acquired an additional 162 Bitcoin for ¥2 billion ($13.3 million).
- Bitcoin’s price rebounded to $82,457, a 1% increase from a previous low of $79,271.
- CEO Simon Gerovich reported a BTC yield of 53.2% for Q1 2025, surpassing the target of 35%.
- Metaplanet ranks as the 13th largest corporate Bitcoin holder globally.
Metaplanet Inc.’s recent acquisition solidifies its position among top corporate Bitcoin holders with a total of 3,050 BTC. The company’s strategic moves reflect its commitment to maximizing Bitcoin-per-share ratios and hedging against Japan’s economic challenges.
Source (2.6)https://decrypt.co/309646/metaplanet-buys-up-another-13-2-million-in-bitcoin-amid-crypto-market-rebound?rand=52368