Metaplanet Buys Another 696 BTC After Robust Q1 Income

Japan-based Metaplanet purchased a further 696 Bitcoin earlier immediately to push its complete holdings to 4,046 BTC after the agency reported sturdy earnings from its Bitcoin holdings within the first quarter of this yr.

Based on an April 1 announcement, the agency’s newest acquisition was executed at a median buy worth of 14,586,230 yen, or round $97,512 per Bitcoin. 

Metaplanet Generated Over 770M Yen By way of Bitcoin Choices

Alongside the BTC buy, Metaplanet additionally introduced that it earned 770.3 million yen in income from Bitcoin put choices that it purchased firstly of the quarter. These choices are futures contracts that guess on the value of the underlying asset taking place.

Metaplanet has acquired 696 BTC, rising complete holdings to 4,046 BTC. Our Bitcoin Earnings Era enterprise delivered ¥770 million in Q1 income. BTC Yield YTD reached 95.6%. pic.twitter.com/Kp92NntKti

— Simon Gerovich (@gerovich) April 1, 2025

Again when Metaplanet wrote the contracts, the Bitcoin worth stood at all-time highs above $100K. Since then, the biggest crypto by market cap has dropped significantly to commerce at $83,996.43 as of 6:53 a.m. EST.

Metaplanet 405 BTC Away From Changing into The ninth Largest Company Holder Globally

Metaplanet is at the moment the tenth largest company Bitcoin holder globally and the largest company holder in Asia, in keeping with knowledge from Bitcointreasuries.internet. This places it alongside different main corporations that maintain Bitcoin, together with Technique (beforehand MicroStrategy), Tesla, MARA Holdings, Riot Platforms, and Coinbase World.

With the current buy, Metaplanet is now simply 405 BTC away from claiming the title because the ninth largest company holder from Bitcoin Group.

Traders reacted positively to Metaplanet’s BTC purchase announcement. Google Finance knowledge reveals that the corporate’s shares are up 2% immediately. The inventory had plunged 8% yesterday after Metaplanet introduced a 2 billion yen plan to purchase extra Bitcoin.

Metaplanet’s shares are up greater than 2,000% because the firm began constructing its Bitcoin stockpile in April final yr.

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