1 day ago
Tokyo-based concern steadfast Metaplanet said Monday it had acquired an further 150 bitcoin (BTC) to bring its full holdings to 3,350 BTC, valued astatine astir $291 cardinal astatine existent marketplace rates.
The acquisition comes conscionable days aft the institution made Eric Trump, lad of U.S. President Donald Trump, to its recently formed strategical advisory board. He is expected to bring a high-profile position to Metaplanet’s ambitions.
Metaplanet is moving to boost its worth for shareholders by buying and holding bitcoin, utilizing a measurement called BTC Yield to way however good this program is working.
BTC Yield shows the percent alteration successful the magnitude of Bitcoin they ain compared to the full fig of shares, implicit a acceptable time. From July to September 2024, their BTC Yield was 41.7%, meaning their bitcoin stash grew steadily compared to shares. Then, from October to December 2024, it jumped to 309.8% due to the fact that they bought a batch much bitcoin portion its terms soared.
So acold successful 2025, from January 1 to March 24, they’ve deed a BTC Yield of 68.3%, per Monday’s documents.
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