Japan’s Metaplanet Becomes the Fourth-Largest Corporate Holder of BTC

Japanese investment firm Metaplanet has acquired another 5,268 bitcoins worth nearly $600 million. With this purchase, the company surpassed Bitcoin Standard Treasury Company to become the fourth-largest corporate holder of bitcoin, according to BitcoinTreasuries.NET.

Metaplanet now holds 30,823 BTC, valued at approximately $3.6 billion, with an average purchase price of around $108,000 per coin.

According to BitcoinTreasuries.NET, the company’s bitcoin strategy has already generated an unrealized profit of more than 7.5%.

Metaplanet began adding bitcoin to its balance sheet in April 2024 and has accumulated faster than any other corporate holder of BTC, except Strategy.

By the end of 2024, BTC yield had climbed to 309.8%, and this year it stabilized at around 33%.

BTC yield is a metric that reflects the percentage change in the ratio of total bitcoins held to fully diluted shares. It gives investors a clearer view of how many bitcoins correspond to each share.

Data from BitcoinTreasuries.NET shows that public companies currently hold over 1 million BTC worth about $116 billion, accounting for 4.7% of total supply.

In total, the volume of bitcoin in treasuries — including ETFs, government entities, exchanges, and private companies — has reached 3.8 million BTC, equivalent to $442 billion.

See also: "Starting October, Telegram Users Will Be Able to Trade Tokenized U.S. Stocks"

#Bitcoin (BTC) #Crypto Assets #Metaplanet

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