The Japanese hotel company Metaplenet (3350) has acquired 162 Bitcoin (BTC) for $ 13.5 million at an average price of $ 83,123 per Bitcoin, achieving a bitcoin yield of 53.2%annual of 53.2%.
BTC’s yield represents the percentage change in Bitcoin Holdings relationship to completely diluted actions in circulation during a certain period. As of March 12, Metaplenet has 3,050 BTC valued at $ 253.7 million, with an average acquisition price of $ 83,180 per Bitcoin.
In addition, the company has issued 2 billion JPY ($ 13.5 million) in ordinary zero interest bonds to finance more Bitcoins acquisitions. At the time of writing this article, Metaplanet’s shares were quoted at 3,630 yen, almost 50% of their maximum of all time in February.
