Metaplanet启动大胆的比特币策略

这家日本公司计划通过其美国部门进行2.5亿美元的债券销售，以加速BTC的积累。

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

日本公司Metaplanet计划通过其美国部门进行2.5亿美元的债券销售，以加速比特币的积累。

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

该公司正在成为一家主要的比特币电力公司，他正计划利用收益资助其他BTC购买。

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

根据Blockstream首席执行官Adam Back的说法，在从比特币产生回报方面，Metaplanet的性能明显优于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说，使用称为“月份封面的月份”的指标，日本公司在短短3个月内提供了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的市场净资产价值（MNAV）为3.3倍。如果目前的速度继续下去，其MNAV可能会达到8.3倍。

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

据首席执行官称，这将使其股价从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覆盖范围方面，Metaplanet的增长速度比微型薄层快3.8倍（较低）。按照这种速度，到2025年期末，它们将达到8.3倍MNAV，使股票价格达到1,340日元（vs. vs.当前的¥533），但已经大大超过了（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).

以这种速度，到2025年年底，它们将达到8.3倍MNAV。如果我们使用相同的价格来达到股票价格（过去使用的相同方法可以到达MNAV多次）。这将使股票价格达到1,340日元（当前价格¥533）。但是它们已经大大胜过表现（2x vs 3.3倍）。可悲的是，还没有人在乎（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).

以这种速度，到2025年年底，它们将达到8.3倍MNAV。如果我们使用相同的价格来达到股票价格（过去使用的相同方法可以到达MNAV多次）。这将使股票价格达到1,340日元（当前价格¥533）。但是它们已经大大胜过表现（2x vs 3.3倍）。可悲的是，还没有人在乎（除了我）。

According to Adam Back the Blockstream CEO.

根据亚当的说法，Blockstream首席执行官。

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

这将使该公司的股票成为BTC最高的全球发挥作用。

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

现在，投资者正在密切关注 - 这是下一个微型造影吗？

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持有超过5.36亿美元的比特币，该比特币的平均价格为每枚硬币86,672美元。它的2025年BTC收益率为136.7％，该公司的股票最近飙升了11.5％，收于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.

比特币后的产量：Metaplanet在3个月内优于2倍 - 首先出现在CC硬币新闻上的新分析。