Metaplanet Bought $451 Million On 4,279 Bitcoin In Q4
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Metaplanet Bought $451 Million On 4,279 Bitcoin In Q4
"Metaplanet added 4,279 bitcoin during the fourth quarter of this year, spending about $451 million and lifting its total holdings to 35,102 BTC, the company said Tuesday. The purchase reinforces the Tokyo-listed firm's position as one of the largest corporate bitcoin holders in Asia and the fourth largest among publicly traded companies globally. The bitcoin was acquired at an average price of $105,412 per coin, according to the company."
"Unlike some bitcoin treasury firms, Metaplanet has paired accumulation with a separate income generation business built around derivatives. The unit aims to produce recurring revenue while supporting long-term bitcoin holdings. The company expects this business to generate around $55 million in revenue in the coming fiscal year, a figure that helps frame its strategy as more than passive holding. During the quarter, Metaplanet reported a BTC Yield of 11.9%, a metric it uses to measure bitcoin accretion on a per-share basis."
"Metaplanet has now spent roughly $3.78 billion accumulating bitcoin at an average cost of about $107,600. The firm has set an ambitious target of owning 210,000 BTC by the end of 2027, a goal that implies continued reliance on capital markets and credit facilities to fund future purchases. Metaplanet's shares ended the year up about 8% at 405 yen, though they remain far below the peak reached in June, when the stock traded near all-time highs."
Metaplanet purchased 4,279 bitcoin in the fourth quarter for about $451 million, taking total holdings to 35,102 BTC. The recent buys averaged $105,412 per coin, and total bitcoin accumulation now totals roughly $3.78 billion at an average cost near $107,600. The firm aims to own 210,000 BTC by the end of 2027, which will require continued use of capital markets and credit facilities. Shares finished the year up about 8% at 405 yen but remain below mid-year peaks, reflecting bitcoin volatility and concentrated balance-sheet risk. A derivatives-based income unit is expected to generate around $55 million and reported a quarterly BTC Yield of 11.9%.
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