Metaplanet Inc., often referred to as “Asia’s MicroStrategy,” has continued its aggressive Bitcoin accumulation strategy with the purchase of an additional 1,004 BTC.
Metaplanet Inc., a Japanese investment firm and often called “Asia’s MicroStrategy,” has bought another 1,004 BTC.
The company disclosed the acquisition in a filing dated May 19.
The latest purchase was made at an average price of ¥15,134,304 per Bitcoin (about $103,873), for a total value of ¥15.195 billion (around $104.3 million).
This brings the company’s total Bitcoin holdings to 7,800 BTC, acquired at an average purchase price of ¥13,510,831 per BTC — roughly $91,343 — for a total investment of approximately ¥105.384 billion, or $712.5 million.
The company's filing also mentions that it's evaluating its Bitcoin holdings through its BTC Yield metric — a proprietary KPI that measures the ratio of Bitcoin held to shares outstanding over specific periods.
As Bitcoin trades above $105,000 at the time of writing, Metaplanet's bet appears to be paying off, placing it among the largest public corporate holders of the digital asset in Asia.
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