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Cryptocurrency News Articles
Metaplanet's Bitcoin Worth Surges to $806M Amid Market Gains
May 20, 2025 at 04:00 am
As stated by the company on Monday, it bought 1,004 Bitcoins for an average price of $103,873. Because of this, the company now owns a total of 7,800 BTC.
Japanese investment firm Metaplanet has made another huge move by purchasing $104.3 million in Bitcoin, bringing its total holdings to 7,800 BTC.
This latest purchase saw the company pick up 1,004 Bitcoins at an average price of $103,873, according to a Monday announcement.
The company now holds a total of 7,800 BTC, which is valued at $712.5 million. Each Bitcoin was purchased at an average price of about $91,343.
However, considering the current market value, the Bitcoin that Metaplanet holds is worth more than before. The current discoveries are valued at around $806 million.
This move continues toward Metaplanet’s fast-moving Bitcoin development plan.
The firm also provided insight into the performance of its Bitcoin. In the period between January 1 and March 31, 2025, the firm made 95.6% on BTC. As of May 19, 2025, the yield in the second quarter is 47.8%.
This shows that Metaplanet has enjoyed substantial gains during the last few months.
On May 12, Metaplanet was in the news for buying $119 million in Bitcoin. In that transaction, it purchased 1,241 Bitcoins at an average price of $95,700 for each coin.
With these regular and sizable purchases, the company is displaying its strong belief in the future of Bitcoin.
In addition to its crypto purchases, The revenue Metaplanet recorded last month was at an all-time high. From its Q1 2025 report, it is shown that the company brought in 877 million Japanese yen which is equivalent to $6 million by current conversion. This marked the greatest quarterly revenue that Metaplanet has ever had.
About 88% of the revenue came from Bitcoin and other digital assets. This means that the company makes the most of its money from crypto. Initially, Metaplanet was part of the hospitality industry but its involvement in crypto brought it greater success.
At this time, Metaplanet is broadening its influence across the globe. A month ago, the company announced it was establishing a new U.S.-based subsidiary. This new organization, called Metaplanet Treasury Corp., will reside in Miami, Florida.
Approving the move, the board supported the company’s expansion internationally and wished to enhance its Bitcoin holdings further. It is anticipated that the first U.S. branch of the bank will begin operations in May 2025. This indicates that the company has found a way to use Bitcoin investing and to expand globally.
Overall, Metaplanet is still making waves by taking important steps within the Bitcoin community. With large investments, promising profits and international expansion, the company is carving a new future for traditional businesses today. If things move in this direction, Metaplanet may end up as one of the biggest firms that own Bitcoin.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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