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Metaplanet, based in Japan, bought an additional 696 bitcoin earlier during the day to bring its total assets to 4,046 BTC after the company declared robust income from its Bitcoin holdings in the first quarter of this year.
According to April 1st announcementThe last acquisition of the company was executed at an average purchase price of 14,586,230 yen, or about $ 97,512 per bitcoin.
Metaplanet generated more than 770 m from Yen via bitcoin options
In addition to the purchase of the BTC, Metaplanet also announced that it won 770.3 million yen of income from Bitcoin put options which he bought at the beginning of the quarter. These options are long-term contracts that bet on the price of lowering the underlying assets.
Metaplanet acquired 696 BTC, increasing the total assets to 4,046 BTC. Our Bitcoin revenue generation company made 770 million yen in the first quarter. BTC YTD yield reached 95.6%. pic.twitter.com/kp92nntkti
– Simon Gerovich (@gerovich) April 1, 2025
At the time when Metaplanet wrote the contracts, the Bitcoin The price was held at peaks at all times above $ 100,000. Since then, the largest crypto by market capitalization has dropped considerably to trade at $ 83,996.43 at 6:53 a.m.
Metaplanet 405 BTC far from becoming the 9th largest company holder on a global scale
Metaplanet is currently the 10th largest business bitcoin holder in the world and the largest business holder in Asia, according to data from Bitcointheries.net. This places it alongside other large companies that hold Bitcoin, including the strategy (previously microstrategy), Tesla, Mara Holdings, Riot Platform and Coinbase Global.
With the recent purchase, Metaplanet is only 405 BTC to claim the title of 9th largest holder of Bitcoin Group.
Investors reacted positively to the Metaplanet BTC purchase announcement. Google Finance data shows that the actions of the company have increased by 2% today. The stock had Immersed 8% yesterday after Metaplanet announcement A 2 billion yen plans to buy more bitcoin.
Metaplanet’s shares have increased by more than 2,000% since the company began to build its Bitcoin stock in April of last year.
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