Metaplanet (3350)An investment company listed in Tokyo, said it had purchased 463 additional bitcoin
Emphasizing the value of long-term shareholders of cryptocurrency, even if its actions fell by more than 7% to sit down with half the value it held in June.
The last purchase cost the company 7.995 billion yen ($ 540 million) At an average price of 17.3 million yen by Bitcoin and brings a total of assets to 17,595 BTC. In all, Metaplanet paid approximately 261.28 billion yen for his hiding place.
The purchase comes in the middle of a collapse of the Metaplanet action course, which slipped to 987 yen on Monday, almost 50% below its June summit. With its value reflecting both the evolution of the price of bitcoin and the increase in its BTC assets, Metaplanet is positioned as the proxy closest to Asia of a negotiated Bitcoin fund.
The company declared BTC rendering, which is equivalent to the accumulation of Bitcoin per share, of 309.8% for the fourth quarter of 2024 and 129.4% for the second quarter. The yield slowed down at 52.6% in August 4.
