MetaMask - Sponsor Image MetaMask - Trade everything with MetaMask Friend & Sponsor Learn more

Metaplanet Nears $1B in BTC Holdings with Latest Buy

The Japanese company now holds 8,888 BTC in its corporate treasury.
Metaplanet Nears $1B in BTC Holdings with Latest Buy
0
0

Subscribe to Bankless or sign in

Metaplanet boosts its Bitcoin Bitcoin holdings to 8,888 BTC, achieving a 225% yield over the past year and reflecting a surge in corporate BTC adoption.

What’s the Scoop?

  • Major BTC Acquisition: Metaplanet purchased 1,088 BTC for $117.3 million, bringing its total holdings to 8,888 BTC at an average purchase price of $93,354.
  • 225% Yield Achieved: Metaplanet revealed a 225% yield on its BTC-purchasing strategy over the last 12 months, as its share price soared over 5,000%.
  • Corporate BTC Adoption: Publicly listed companies now hold nearly 4% of Bitcoin's circulating supply, as corporate interest in BTC continues to grow.

Bankless

Written by Bankless

756 Articles View all      

It’s time to break up with your bank, and join the movement for a better world.

No Responses
Search Bankless