Metaplanet啟動大膽的比特幣策略

這家日本公司計劃通過其美國部門進行2.5億美元的債券銷售，以加速BTC的積累。

Japanese firm Metaplanet is planning a $250 million bond sale via its U.S. arm to accelerate Bitcoin accumulation.

日本公司Metaplanet計劃通過其美國部門進行2.5億美元的債券銷售，以加速比特幣的積累。

The firm, which is emerging as a major Bitcoin powerhouse, is planning to use the proceeds to fund additional BTC purchases.

該公司正在成為一家主要的比特幣電力公司，他正計劃利用收益資助其他BTC購買。

According to Blockstream CEO Adam Back, Metaplanet is performing significantly better than Microstrategy in terms of generating returns from Bitcoin.

根據Blockstream首席執行官Adam Back的說法，在從比特幣產生回報方面，Metaplanet的性能明顯優於MicroStrategy。

Using a metric called “months to mNAV cover,” Back said that the Japanese firm delivers a 2x BTC yield in just 3 months.

Back說，使用稱為“月份封面的月份”的指標，日本公司在短短3個月內提供了2倍BTC的收益率。

Currently, Metaplanet’s market Net Asset Value (mNAV) stands at 3.3x. If the current pace continues, its mNAV could hit 8.3x.

目前，Metaplanet的市場淨資產價值（MNAV）為3.3倍。如果目前的速度繼續下去，其MNAV可能會達到8.3倍。

This would allow its stock price to jump from ¥533 to ¥1,340, according to the CEO.

據首席執行官稱，這將使其股價從533日元上升到1,340日元。

“Metaplanet is growing 3.8 times faster than Microstrategy in terms of mNAV coverage (lower is better). At this rate, they'll get to 8.3x mNAV by year-end 2025, impacting stock price to ¥1,340 (vs. current ¥533). But they're already massively outperforming (2x vs 3.3x). Sadly, no one cares yet (except me).

“在MNAV覆蓋範圍方面，Metaplanet的增長速度比微型薄層快3.8倍（較低）。按照這種速度，到2025年期末，它們將達到8.3倍MNAV，使股票價格達到1,340日元（vs. vs.當前的¥533），但已經大大超過了（2x vs vs 3.3x）。

At this rate, they'll get to 8.3x mNAV by year-end 2025. If we use the same price to arrive at the stock price (same method used in the past to arrive at the mNAV multiple). This would bring the stock price to ¥1,340 (current price ¥533). But they're already massively outperforming (2x vs 3.3x). Sadly, no one cares yet (except me).

以這種速度，到2025年年底，它們將達到8.3倍MNAV。如果我們使用相同的價格來達到股票價格（過去使用的相同方法可以到達MNAV多次）。這將使股票價格達到1,340日元（當前價格¥533）。但是它們已經大大勝過表現（2x vs 3.3倍）。可悲的是，還沒有人在乎（除了我）。

At this rate, they'll get to 8.3x mNAV by year-end 2025. If we use the same price to arrive at the stock price (same method used in the past to arrive at the mNAV multiple). This would bring the stock price to ¥1,340 (current price ¥533). But they're already massively outperforming (2x vs 3.3x). Sadly, no one cares yet (except me).

以這種速度，到2025年年底，它們將達到8.3倍MNAV。如果我們使用相同的價格來達到股票價格（過去使用的相同方法可以到達MNAV多次）。這將使股票價格達到1,340日元（當前價格¥533）。但是它們已經大大勝過表現（2x vs 3.3倍）。可悲的是，還沒有人在乎（除了我）。

According to Adam Back the Blockstream CEO.

根據亞當的說法，Blockstream首席執行官。

This would make the company's stock one of the top BTC plays globally.

這將使該公司的股票成為BTC最高的全球發揮作用。

Investors are now watching closely - could this be the next Microstrategy?

現在，投資者正在密切關注 - 這是下一個微型造影嗎？

As of 2025, Metaplanet holds over $536 million in Bitcoin, which was acquired at an average price of $86,672 per coin. Its 2025 BTC yield is 136.7%, and the company's stock has recently surged 11.5%, closing at ¥477 ($3.33).

截至2025年，Metaplanet持有超過5.36億美元的比特幣，該比特幣的平均價格為每枚硬幣86,672美元。它的2025年BTC收益率為136.7％，該公司的股票最近飆升了11.5％，收於477日元（3.33美元）。

The post Bitcoin Yield: Metaplanet Outperforms Microstrategy By 2x In 3 Months - New Analysis appeared first on CC Coins News.

比特幣後的產量：Metaplanet在3個月內優於2倍 - 首先出現在CC硬幣新聞上的新分析。