Metaplanet buys 780 other bitcoins, increased the hiding place at 17,132 btc

Metaplanet (3350) said that he had bought 780 other Bitcoin (BTC), bringing its total assets to 17,132 BTC worth around $ 2 billion at current prices.

The company based in Tokyo paid an average of 17.5 million yen ($ 118,176) per room, according to a disclosure on Monday.

Metaplanet uses a metric, called BTC yield, to follow the value of shareholders in relation to dilution. BTC yield for July 1 to July 28 is 22.5%, Metaplanet said.

For the June 30 quarter, BTC yield was 129.4%, compared to 95.6% in the previous three months.

Since the adoption of a Bitcoin cash strategy based on that of the strategy (MSTR), Metaplanet has acquired 17,132 BTC, the largest public companies outside the United States, at an average price of $ 99,732 per room.

Metaplanet’s shares increased by 5% to close to 1,240 yen on Monday, surpassing the Nikkei 225 index, which dropped by 1.1%.

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