The Japanese hotel and investment firm, which saw its share price rise by around 2,600% in the past year in the midst of his Bitcoin -Pivot, continues to accumulate BTC.
In a published statement, Metaplanet out It increased its BTC section as part of its current Bitcoin Treasury operations.
Metaplanet CEO Simon Gerovich says that the company has purchased 497 BTC worth $ 43.9 million for an average price of $ 88,448 per bitcoin.
The recent takeover brings the total Bitcoin holdings of the company to 2,888 BTC, with a value of approximately $ 263.53 million based on the current price of the flagship Crypto Asset of $ 91,249.
Gerovich says that Metaplanet spent a total of $ 240.2 million for his bitcoin treasure or $ 83.172 per BTC. So far, the company has achieved a BTC yield of 45.1% year-to-date (YTD).
The stock price of the listed company jumped after the recent Bitcoin acquisition. At the time of writing, the shares of Metaplanet act for 4,655 Japanese yen ($ 31.22), an increase of around 40% in the last five days.
Gerovich out Metaplanet buys Bitcoin aggressively for its investors.
“Every day I am not sure that we do not have enough bitcoin. The window to buy will not remain open forever. Soon there will be two types of people: those who own Bitcoin and those who regret not bought it. At Metaplanet we collect as much as possible as possible, so that our shareholders can relax. “
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