Metaplanet Boosts BTC Holdings After $13.5M Purchase and Bond Sale

Metaplanet Expands Bitcoin Holdings With $13.5M Purchase, Issues Zero-Interest Bonds

Japanese hotel operator Metaplanet (3350) has deepened its Bitcoin (BTC) investment strategy, acquiring 162 BTC for $13.5 million at an average price of $83,123 per coin. This latest purchase has pushed the company’s year-to-date Bitcoin yield to 53.2%.

Bitcoin yield reflects the percentage growth of BTC holdings relative to fully diluted shares over time. As of March 12, Metaplanet’s total BTC reserves stand at 3,050 BTC, currently valued at $253.7 million, with an average cost basis of $83,180 per Bitcoin.

To fund further acquisitions, Metaplanet issued 2 billion JPY ($13.5 million) in zero-interest ordinary bonds. Despite the company’s bullish Bitcoin positioning, its stock was trading at 3,630 yen at the time of writing—down nearly 50% from its February peak.

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