Japanese hotel giant Metaplanet continues to aggressively increase its Bitcoin stash, acquiring an additional 160 coins at approximately $83,600 each.
Metaplanet's New Purchase and Strategy
Recently, Metaplanet acquired 160 BTC, bringing its holdings to 4,206 BTC, adding $13.4 million to its crypto accounts. This investment is part of the company's broader strategy, including issuing 2 billion yen in bonds and trading put options to expand its crypto assets.
Record Yields in Early 2025
Metaplanet's strategy yields significant results, achieving a 95.6% return in Q1 2025. The second quarter also started strong with a 3.9% yield.
Metaplanet's Plans and Market Impact
Metaplanet aims to increase its Bitcoin holdings to 10,000 BTC by the end of 2025 and to 21,000 BTC by 2026. Recent events, including a slight dip in company stocks and Bitcoin's price at $84,684, indicate possible market implications.
Metaplanet remains a leader among Asian corporations in Bitcoin holdings, focusing on long-term cryptocurrency investments.
