The Japanese company Metaplanet has bought another 135 Bitcoin for $ 13 million, according to a disclosure of the company – even more hours earlier Bitcoin’s price On Tuesday to a low point of three months.
The investment firm listed by Tokyo has bought Bitcoin at an average price of ¥ 14,360,449 ($ 96,185) per coin, which increased the total interest to 2,235 BTC-Suitable $ 196 million at current prices.
This purchase happened just before Bitcoin’s price dropped under $ 91,000 by Tuesday afternoon in Japan, shortly after the purchase of Metaplanet. At the time of writing, Bitcoin changes ownership of less than $ 88,000.
Despite buying a higher price, the portfolio of the company on the generally positive territory remains, with his bitcoin accumulation strategy that generated around 12% in non -realized profit, because it started with stacking SATs and bullering his bitcoin -Supply in April last year.
The stock price of Metaplanet on the Tokyo Stock Exchange (TYO: 3350) decreased by 3.22% on the news, to ¥ 6,010 ($ 40.13), per data from Yahoo Finance.
The “BTC Yield” metriek reached 23.2% for the period of 25 February and steadily followed its 35% target for Q1 2025, the company reported.
The company has set up a structured Bitcoin acquisition strategy through capital market activities, including the issue of share acquisition rights and bonds.
Metaplanet’s “21 million plan”
Earlier in January, Metaplanet announced that it wanted to stimulate his Bitcoin Holdings by 470% within the year, to hold 10,000 BTC by the end of 2026 and by the end of 2026.
According to the company, these movements were tailored to his business activities, which became an official business line at the end of December at the end of December.
The strategic accumulation of the company continues, despite the recent volatility of Bitcoin, with its average acquisition costs in all companies at ¥ 12,441,856 ($ 81,834) per Bitcoin-inexpensive under the current market prices, briefly volatility in the short term.
Since then, the company has completed 5.5% of its previously announced “21 million plan”, and has raised around ¥ 7.13 billion ($ 47.7 million) by the exercise of stock acquisition rights to finance its current Bitcoin purchases.
Last week, the company announced as ‘Asia’s answer to micro strategy’, that it already had about 0.01% of Bitcoin’s total range.
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