Tokyo-based Metaplanet continues to strengthen its position in the cryptocurrency market by recently acquiring 68.59 BTC for 996 million yen, equivalent to $6.6 million USD.
Growth in Bitcoin Investments
Metaplanet's strategy to increase Bitcoin investments began on April 8, 2024, aiming to reach 10,000 BTC by 2025 and 21,000 BTC by 2026. The recent purchase raised the company's total Bitcoin holdings to 2,100 BTC.
Bitcoin Yield and Financial Metrics
Bitcoin Yield, measuring changes in Bitcoin positions compared to fully diluted shares, increased from 41.7% in Q3 2024 to 309.8% in Q4 2024.
Inclusion in MSCI Japan Index
Metaplanet will be included in the MSCI Japan Index on February 28, reflecting the company's growing institutional recognition and potentially leading to increased investor interest.
In recent months, Metaplanet has actively advanced its Bitcoin strategy, achieving significant milestones in the Japanese cryptocurrency market.
