Metaplanet's Bitcoin holdings surpass the milestone of 8,888 units.
🔥 Metaplanet Stacks More Bitcoin!
🔥 Japan's titan of investment, Metaplanet, just beefed up its crypto game, adding an extra 88 Bitcoin to its stash, bringing its grand total to a jaw-dropping 8,888 BTC! That's some serious digital coin, worth approximately $851 million at the time of the purchase on June 2. It's a pretty penny they dropped, shelling out a cool $117.7 million at an average price of $108,209 per Bitcoin.
🔥 Now, this Tokyo-based behemoth has climbed its way to the 10th spot among corporate Bitcoin investors, as per Bitcoin Treasuries data[1]. But before you start popping champagne, remember the top spot is still held by Michael Saylor's strategy firm, boasting a whopping 580,250 BTC in their portfolio[1]. Quite a gap to bridge, ain't it?
🔥 On the day of the investment, Bitcoin was hovering around $104,848, showing a 0.4% increase over the past 24 hours to trade around $104,200. That's about $4,600 shy of Metaplanet's purchase price and the highest level reached during the day was $105,804[1]. Bitcoin's total market cap reached a mind-blowing $2 trillion, with a daily trading volume of $18.6 billion, indicating a 15.3% surge from the day previous[1].
🔗 Wanna dig deeper? Check out our related article on Metaplanet shattering quarterly revenue records with their Bitcoin move.
🔥 Now, Metaplanet shared some details about Bitcoin Yield, a figure based on the ratio of the held Bitcoin amount to the potential share count[2]. According to their data, Metaplanet's BTC yield was a respectable 95.6% during the first quarter of 2025 (January 1 - March 31). But there's a catch, it slipped to 66.3% between April 1 and June 2, with a high of 309.8% reached by the end of 2024[2].
🔥 Meanwhile, Metaplanet issued zero-coupon bonds worth a cool $50 million to the EVO FUND venture capital fund[2]. The income generated from these bonds will fuel future Bitcoin purchases, ain't that swell?
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Metaplanet's substantial investment in Bitcoin, using technology as the medium, is moving them further into the finance sector, currently holding a significant 10th position among corporate Bitcoin investors with a total of 8,888 BTC. This digital coin investment, worth approximately $851 million, was made through blockchain technology. The income generated from zero-coupon bonds issued to the EVO FUND venture capital fund will aid future Bitcoin purchasing efforts by Metaplanet.
