获得1,241 BTC之后

总部位于日本的投资公司Metaplanet已以约1.267亿美元的价格收购了1,241个比特币（BTC）。

Metaplanet, a Japan-based investment firm, has acquired 1,241 Bitcoin (BTC) for approximately $126.7 million. This latest purchase brings the company’s total BTC holdings to 6,796, surpassing El Salvador’s national reserves.

总部位于日本的投资公司Metaplanet已以约1.267亿美元的价格收购了1,241个比特币（BTC）。这项最新购买的价格使该公司的BTC总股份达到6,796，超过了萨尔瓦多的国家储备。

The firm bought the units at an average price of about $102,119 (14,848,061 yen) per coin. It also disclosed that its BTC Yield—a metric tracking the growth in Bitcoin holdings per fully diluted share—is 170.0% year-to-date (YTD) in 2025. For the current quarter (April 1 to May 12, 2025), the BTC Yield stands at 38.0%.

该公司以每枚硬币的平均价格购买了约102,119美元（14,848,061日元）的单位。它还透露，其BTC收益率（跟踪了每股完全稀释的份额的比特币持有量的增长）在2025年年满170％（YTD）。目前季度（2025年4月1日至5月12日），BTC收益率为38.0％。

According to a report by Bloomberg, this signals strong investor confidence in Metaplanet’s Bitcoin-focused strategy. A recent analysis by an analyst at Deutsche Bank suggested that Metaplanet's stock might offer even greater upside relative to Bitcoin's price growth.

根据彭博社的一份报告，这表明投资者对Metaplanet以比特币为重点的战略有信心。德意志银行（Deutsche Bank）分析师最近的一项分析表明，相对于比特币的价格增长，Metaplanet的股票可能提供更大的上涨空间。

In an email interview, the analyst, who preferred to remain anonymous, explained that they were using an "averaging model" to assess the potential gains in the stock market. According to their calculations, at a BTC price of $120,000, Metaplanet shares (3350.T) could double (2.0x), while Strategy (NASDAQ:MSTR) might rise 1.6x.

在电子邮件采访中，宁愿保持匿名的分析师解释说，他们正在使用“平均模型”来评估股票市场的潜在收益。根据他们的计算，Metaplanet股票（3350.T）以BTC的价格为120,000美元，可能会加倍（2.0倍），而战略（NASDAQ：MSTR）可能会上升1.6倍。

However, at $150,000, Metaplanet could see a 4.5x surge compared to Strategy’s 3.0x gain. This “asymmetric upside” is due to Metaplanet being in the initial stages of its Bitcoin strategy, delivering outsized equity returns relative to its risk, positioning itself as a high-beta proxy for Bitcoin exposure.

但是，与策略的3.0倍增益相比，Metaplanet的价格为150,000美元，可能会看到4.5倍的增长。这种“不对称上升空间”是由于Metaplanet处于其比特币策略的初始阶段，相对于其风险提供了超大的股权回报，将自己定位为比特币暴露的高贝塔代理。

The analyst further noted that both companies' stocks would move in tandem with the price of Bitcoin, which is currently trading above $104,000.

分析师进一步指出，两家公司的股票都将与比特币的价格一致，该比特币目前的交易价格超过104,000美元。

As Metaplanet pivots towards Bitcoin, its shares have surged 15x since the start of the year and Monday saw them rise 3.8%. This compares to a 4x increase in the TOPIX index over the same period, highlighting the massive gains from Metaplanet's strategy.

随着Metaplanet对比特币的枢纽，自年初以来，其股票飙升了15倍，周一，它们上涨了3.8％。相比之下，同一时期的Topix指数增加了4倍，从而强调了Metaplanet策略的巨大收益。

The company's stock price movement is also noteworthy given that it began the year at 999 yen, which is less than $7 at the time.

鉴于该公司在999日元开始的一年开始，该公司的股票价格变动也值得注意，当时不到7美元。

In another post on X, formerly Twitter, Gerovich highlighted the company's growing commitment to Bitcoin, revealing a cumulative investment of approximately $608.2 million.

在X上的另一篇文章（以前是Twitter）中，Gerovich强调了该公司对比特币的日益承诺，揭示了大约6.082亿美元的累计投资。

At the current BTC price of $104,003, Metaplanet's holdings are now worth around $706.8 million, which is triple the company's market cap. This also represents a 16.2% unrealized profit.

Metaplanet的持股目前为104,003美元，现在价值约7.068亿美元，这是公司市值三倍。这也代表16.2％的未实现利润。

Moreover, the firm has achieved a BTC Yield of 170.0% year-to-date (YTD) in 2025, a metric that tracks the growth in Bitcoin holdings per fully diluted share. For the current quarter—April 1 to May 12, 2025—the BTC Yield stands at 38.0%, reflecting continued shareholder value creation through its treasury strategy.

此外，该公司在2025年的BTC收益率达到了170.0％（YTD），该指标追踪了每股稀释份额的比特币持有量的增长。在本季度（4月1日至2025年5月12日）中，BTC收益率为38.0％，反映出通过其财政部策略创造了持续的股东价值。

The company's stock is also benefiting from its Bitcoin pivot. Following today's announcement, Metaplanet shares (3350.T) rose 3.8% in Monday trading.

该公司的股票也从其比特币枢纽中受益。在今天宣布之后，Metaplanet股票（3350.T）在周一交易中增长了3.8％。

Furthermore, BeInCrypto reported that the stock's value has surged 15x since it began accumulating BTC. This signaled investor confidence in the firm's Bitcoin-focused strategy.

此外，Beincrypto报道说，自从开始积累BTC以来，该股票的价值飙升了15倍。这表明投资者对公司以比特币为重点的策略的信心。

The firm's approach mirrors that of US-based Strategy (formerly MicroStrategy), a first mover in corporate Bitcoin accumulation. However, an analyst recently suggested that Metaplanet may offer even greater upside relative to Bitcoin's price growth.

该公司的方法反映了美国比特币积累的第一批推动者的策略（以前是MicroStrategy）。但是，一位分析师最近建议，相对于比特币的价格增长，Metaplanet可能会提供更大的上涨空间。

In a ballistic acceleration model, the analyst projected that at a $120,000 BTC price, Metaplanet stock could double (2.0x), while Strategy's might rise 1.6x. At $150,000, Metaplanet could see a 4.5x surge compared to Strategy's 3.0x gain.

在弹道加速模型中，分析师预计，以120,000美元的BTC价格，Metaplanet股票可以翻一番（2.0倍），而战略的股票可能会上升1.6倍。与策略的3.0倍增益相比，Metaplanet的价格为150,000美元，可能会看到4.5倍的增长。

As the analyst described, this "asymmetric upside" highlights how Metaplanet—still in the early stages of its Bitcoin strategy—could deliver outsized equity returns relative to its risk, positioning itself as a high-beta proxy for Bitcoin exposure.

正如分析师所描述的那样，这种“不对称上升空间”强调了Metaplanet（持续在比特币策略的早期阶段）如何相对于其风险提供超大的股权回报，将自己定位为比特币暴露的高贝塔代理。