Metaplanet is actively increasing its Bitcoin reserves, reinforcing its position as the largest corporate cryptocurrency holder in Asia.
Metaplanet's Expanding Bitcoin Holdings
Metaplanet recently added another 150 BTC worth $12.6 million, bringing its total reserves to 3,350 BTC. This is part of their strategy to grow reserves to 10,000 BTC by 2025 and 21,000 BTC by 2026. The latest purchase was made at an average price of $83,801 per BTC, raising Metaplanet's total Bitcoin investment to $292.8 million.
Strategic Expansion and Leadership Moves
Last week, Metaplanet surprised the market by appointing Eric Trump to its Strategic Board of Advisors. According to CEO Simon Gerovich, Trump's business acumen and passion for Bitcoin will help strengthen Metaplanet's position as a leading Bitcoin Treasury company. The appointment could align Metaplanet with pro-Bitcoin regulations in the U.S., enhancing institutional interest.
Bitcoin Yield
Metaplanet uses the BTC Yield metric to track the effectiveness of its Bitcoin accumulation strategy. In Q3 2024, the BTC Yield was 41.7%, while in Q4 it surged to 309.8%, reflecting the company's aggressive policy to increase its holdings as Bitcoin's price rallied. Since early 2024, Metaplanet's share price has surged 38.7%.
Metaplanet remains a significant player in the bitcoin market, and current trends suggest that its influence in the digital economy will continue to expand.
