Metaplanet Purchases 150 Bitcoins

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Tokyo Stock Exchange-listed Metaplanet Inc. has announced the acquisition of an additional 150 BTC as part of its Bitcoin Treasury operations, bringing total holdings to 3,200.

The purchase was made at an average price of approximately $83,706 (12,526,226 yen) per Bitcoin, amounting to roughly $12.53 million (1.879 billion yen).

The company reports a BTC yield of 60.8% for the quarter, aligning with its strategy to enhance shareholder value through Bitcoin accumulation.

Funded through various capital market activities, Metaplanet remains focused on increasing its Bitcoin holdings despite market fluctuations.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.