Metaplenet (3350) He said he bought another 518 bitcoin
as part of its Bitcoin Treasury operations.
The purchase was made at an average price of $ 118,519 per Bitcoin, which raises the total purchase value to approximately $ 61 million, said the investment company based in Tokyo in an X publication.
The company, head of the sixth largest corporate stash of Bitcoin, now has about 18,113 BTC valued around $ 1.85 billion. He paid an average of $ 101,911 per Bitcoin.
Metaplenet also provided an update on its Bitcoin -related performance metrics. Between July 1 and August 12, BTC’s yield stood at 26.5%, reflecting the growth of Bitcoin holdings in relation to completely diluted actions in circulation.
Its previous BTC performance figures highlight notable fluctuations. The figure was 41.7% in the third quarter of 2024, increasing to 309.8% at the end of the year. Then it fell to 95.6% in the first quarter before recovering at 129.4% in the second.
The company measures the performance of BTC and the BTC gain to trace the acrective impact of its Bitcoin acquisition strategy for shareholders. The action fell 2.7% to 975 yen ($ 6.6) Tuesday.
Read more: Metaplanet doubles in Bitcoin as shares of shares, buy another $ 54 million
