Often called Japan’s MicroStrategy, Metaplanet is aggressively increasing its Bitcoin reserves. The recent purchase of 150 BTC has cemented its leading position in Asia.
Metaplanet’s Expanding Bitcoin Holdings
Metaplanet's latest Bitcoin purchase occurred at an average price of $83,801 per BTC, pushing its total investment to $292.8 million. The company now ranks as the 10th largest public Bitcoin holder globally and is the largest in Asia.
Strategic Expansion and Leadership Moves
Last week, Eric Trump, the son of former U.S. President Donald Trump, joined Metaplanet's Strategic Board of Advisors. CEO Simon Gerovich believes Trump's business expertise and passion for Bitcoin will help solidify the company's position, especially with potential Bitcoin-friendly regulations in the U.S.
Bitcoin Yield
Metaplanet uses a metric called BTC Yield to measure the effectiveness of its Bitcoin accumulation strategy. In Q3 2024, BTC Yield was 41.7%, rising to 309.8% in Q4 2024. Since early 2024, Metaplanet’s share price has surged by 38.7%, highlighting its significant influence in the digital asset market.
Overall, Metaplanet is actively strengthening its position in the crypto world, continually increasing its Bitcoin holdings and influencing the industry's development in Asia.
