Metaplanet of the listed company in Tokyo (MTPLF) added 136 additional bitcoin To his treasure, after earlier this month, brought his assets to more than 20,000 pieces.
The acquisition was made at an average purchase price of just under $ 112,000 per bitcoin and raises the total that the company spent for BTC at more than $ 2 billion.
Metaplanet follows the performance of its investment thanks to a BTC yield metric, which measures the growth of Bitcoin held by entirely diluted part rather than the traditional yield won over the active assets.
From April to June, Metaplanet posted a BTC yield of 129.4%. For the third quarter to date, the figure amounts to 30.8%
The Stash of 20,136 BTC of the company makes it the sixth largest Bitcoin cash flow company listed in public. Collectively, these companies hold more than a million BTC, the lion’s share from 638,460 Bitcoin Treasury of Strategy.
The shares are down more than 30% in the last month, reached by a modest drop in the price of bitcoin as well as a MNAV in narrowing – the prime of the market capitalization of the company compared to its Bitcoin holdings.
