Metaplanet, often referred to as Japan’s MicroStrategy, continues to aggressively accumulate Bitcoin, securing its status as the largest cryptocurrency holder in Asia.
Metaplanet's Expanding Bitcoin Holdings
The company recently added another 150 BTC worth $12.6 million, bringing its total Bitcoin reserves to 3,350 BTC. The average purchase price was $83,801 per BTC, with total investment now at $292.8 million. Metaplanet is now the 10th largest public Bitcoin holder globally.
Strategic Expansion and Leadership Moves
Eric Trump recently joined Metaplanet’s Strategic Board of Advisors, marking a strategic shift. His expertise and passion for Bitcoin are expected to help solidify Metaplanet's status as a leading Bitcoin Treasury company.
Bitcoin Strategy Effectiveness
Metaplanet uses a metric known as BTC Yield to measure the effectiveness of their Bitcoin strategy. In Q3 2024, BTC Yield was 41.7%, which surged to 309.8% in Q4 2024.
Since the beginning of 2024, Metaplanet’s share price has surged 38.7%, underscoring its significance in the Bitcoin market and plans for further expansion in the digital space.