Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Coinbase CEO passes on Saylor’s Bitcoin balance sheet bet

    May 10, 2025

    Ethereum enters rebuild era, Buterin wants cultural shift

    May 10, 2025

    Jump Crypto takes tokenization leap with Securitize stake

    May 10, 2025
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    You are at:Home » Japan’s Metaplanet adds 150 BTC, now holds 3,350 BTC
    Crypto

    Japan’s Metaplanet adds 150 BTC, now holds 3,350 BTC

    James WilsonBy James WilsonMarch 24, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Metaplanet has added 150 BTC to its treasury at an average price of ¥12.57 million ($80,000) per BTC, totaling ¥1.886 billion ($12.1 million). 

    According to Metaplanet’s Mar. 24 official statement, this brings its total Bitcoin (BTC) holdings to 3,350 BTC, purchased at an overall cost of ¥42.22 billion ($270 million), averaging ¥12.60 million ($80,200) per BTC. Since formally embracing Bitcoin as a key part of its business, Metaplanet has quickly grown its holdings to become the biggest corporate Bitcoin holder in Asia. 

    The company has used stock acquisition rights through EVO FUND and zero-coupon bonds to finance its acquisitions. In March alone, Metaplanet redeemed ¥2 billion ($12.8 million) in bonds ahead of schedule and raised another ¥2 billion ($12.8 million) through a new bond issuance. This strategy has allowed the company to continue buying Bitcoin without taking on debt with interest.

    A key metric used by the company to monitor its Bitcoin strategy is BTC Yield, which calculates the percentage increase in BTC holdings in comparison to fully diluted shares.

    After rising 309.8% in Q4 2024, the Bitcoin Yield has so far reached 68.3% for the first quarter of 2025. Meanwhile, since starting to accumulate Bitcoin in April 2024, Metaplanet’s stock price has risen by over 3,000%, indicating high investor confidence.

    In other related news, on Mar. 21, Metaplanet announced the creation of a new advisory board, with Eric Trump serving as its first member.  Trump, who has a background in real estate and finance, is expected to contribute business expertise to the firm’s mission of becoming a leading Bitcoin Treasury Company.

    Metaplanet’s CEO, Simon Gerovich, noted that the advisory board will include influential voices, speakers, and thought leaders committed to advancing Bitcoin adoption. While the company did not disclose specific details on Trump’s role, it described his appointment as part of a broader effort to attract top-tier advisory talent.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAGII Expands AI Capabilities to Support Evolving Smart Contract Requirements in Web3
    Next Article Colle AI (COLLE) Revisits Bitcoin Integration to Reinforce Cross-Chain AI Utility in NFT Ecosystem
    James Wilson

    Related Posts

    Coinbase CEO passes on Saylor’s Bitcoin balance sheet bet

    May 10, 2025

    Ethereum enters rebuild era, Buterin wants cultural shift

    May 10, 2025

    Jump Crypto takes tokenization leap with Securitize stake

    May 10, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Remittix (RTX) hits $4m presale as XRP holders take notice

    February 4, 2025

    Here’s why OKB price spiked 20% today

    February 4, 2025

    iDEGEN price prediction: Is this the AI agent token to buy?

    February 4, 2025

    Gate.io to list CYBRO token on Dec 14 after $7M presale success

    February 4, 2025
    Don't Miss

    Coinbase CEO passes on Saylor’s Bitcoin balance sheet bet

    By James WilsonMay 10, 2025

    Coinbase CEO Brian Armstrong revealed that the company once debated copying Michael Saylor’s aggressive Bitcoin-buying…

    Ethereum enters rebuild era, Buterin wants cultural shift

    May 10, 2025

    Jump Crypto takes tokenization leap with Securitize stake

    May 10, 2025

    Trump’s digital fortune at fault?

    May 10, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Coinbase CEO passes on Saylor’s Bitcoin balance sheet bet

    May 10, 2025

    Ethereum enters rebuild era, Buterin wants cultural shift

    May 10, 2025

    Jump Crypto takes tokenization leap with Securitize stake

    May 10, 2025
    Lithosphere News Releases

    Colle AI’s iOS App Launch Brings Multichain NFT Creation to Mobile

    February 4, 2025

    AGII Transforms Web3 Infrastructure with AI-Optimized Smart Contracts

    February 4, 2025

    Colle AI (COLLE) Allocates $250M for AI Tool Development and Liquidity Growth on Solana

    February 4, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.