Japan-based investment firm Metaplanet has added 2,205 more bitcoin (BTC) to its treasury, increasing its total holdings to 15,555 BTC. The acquisition, disclosed Monday, aligns with Metaplanet’s ongoing Bitcoin-first corporate strategy, designed to enhance long-term shareholder value through digital asset accumulation.
The latest purchase was made at an average price of 15.64 million yen per BTC, amounting to approximately 34.49 billion yen ($213 million). This brings Metaplanet’s cumulative bitcoin investment to 225.82 billion yen, or around $1.38 billion, at a blended average purchase price of 14.52 million yen per BTC.
To measure shareholder value and assess dilution impact, Metaplanet uses a proprietary metric called BTC Yield. For the quarter ending June 30, the firm reported a BTC Yield of 95.6%, down from a previous quarter high of 309.8%. This metric reflects the percentage change in bitcoin holdings per fully diluted share, offering insight into how treasury operations affect shareholder exposure to BTC.
In addition, Metaplanet tracks BTC Gain and BTC Yen Gain, which represent hypothetical gains in bitcoin and yen terms, respectively. These metrics provide a more comprehensive view of performance and strategic direction, helping investors understand the implications of its aggressive BTC acquisition strategy.
As institutional interest in bitcoin continues to rise globally, Metaplanet stands out in Asia as a corporate pioneer adopting BTC as a reserve asset. Its growing BTC treasury echoes strategies seen from U.S. firms like MicroStrategy, signaling broader global acceptance of bitcoin as a balance sheet asset.
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