Metaplanet (3350) said he bought 518 other bitcoins
As part of its Bitcoin cash operations.
The purchase was made at an average price of $ 118,519 per Bitcoin, bringing the total purchase value to around $ 61 million, said the investment company based in Tokyo in an article on X.
The company, holder of the sixth Bitcoin business reserve, now holds around 18,113 BTC worth around 1.85 billion dollars. He paid an average of $ 101,911 per Bitcoin.
Metaplanet has also provided an update on its Bitcoin -related performance measurements. Between July 1 and August 12, BTC yield was 26.5%, reflecting the growth of Bitcoin holders compared to actions entirely diluted in circulation.
Its previous BTC yield figures highlight notable fluctuations. The figure was 41.7% in the third quarter of 2024, going to 309.8% by the end of the year. Then it fell 95.6% in the first quarter before bolishing 129.4% in the second.
The company measures BTC’s performance and BTC gain to follow the accretic impact of its Bitcoin acquisition strategy for shareholders. The action dropped 2.7% to 975 yen ($ 6.6) Tuesday.
Read more: Metaplanet Double on Bitcoin as a sliding of shares, buys an additional dollars
