The Japanese hotel company Metaplanet (3350) acquired 162 bitcoin (BTC) for $ 13.5 million at an average price of $ 83,123 per bitcoin, reaching a bitcoin yield of the year up to date of 53.2%.
BTC yield represents the variation as a percentage of the Bitcoin assets ratio with actions entirely diluted in circulation over a given period. As of March 12, Metaplanet holds 3,050 BTC worth $ 253.7 million, with an average acquisition price of $ 83,180 per bitcoin.
In addition, the company issued 2 billion JPY ($ 13.5 million) in zero ordinary bonds to finance other Bitcoin acquisitions. At the time of the drafting of this document, Metaplanet’s shares were negotiated at 3,630 yen, down almost 50% compared to its summit in February.
