Japan’s Micostrati Metaplanet announced another fresh purchase of 1,004 BTC for an investment price of $ 104 million. The stock price of the company listed on the Tokyo Stock Exchange, with a decline of 15% to 712 jPY, increased its monthly profit by more than 100%. In addition, the company announced a record Q1 revenue of 877 million Japanese Yen ($ 6 million) as a stock rally.
Metaplanet Stock Bitcoin is in the news with strategy
A day after its Q1 results and a stellar $ 6 million announced, Metaplanet Stock is roaring in the Tokyo Stock Exchange today. The Japanese firm announced that this record-breaking income comes on the background of a strong bitcoin strategy. Today’s Bitcoin purchase The BTC price comes as a weekly rally to a weekly shutdown above $ 105,000.
Since January 1, 2025, the firm has increased its bitcoin holdings 4.4X, adding 6,038 BTCs to reach a total of 7,800 BTCs. In addition, it fined this expansion through a moving-strike warrant program, allowing to issue equity without a certain discount or strike price. Japan firm is now the 11th largest holder of bitcoin, Crossing Al Salvador Recently in a milestone.
Metaplanet has now reached about 78% of its short -term target of holding 10,000 BTCs, based on a cost of 712.5 million per bitcoin ($ 91,343) per bitcoin. The company’s competition to buy aggressive bitcoins continues in 2025 this year, which is very close to its target of 10,000 BTC. In addition, on the purchase of bitcoin in 2025 this year, the company has received an impressive BTC yield of 189.1%.
Better than microstrategy?
With this shocking BTC yield, there is also a Japanese firm Identified microstrategy In your bitcoin strategy. In a comparative study, Blockstream CEO Adam Back stated that “Metaplanet is growing 3.8 times faster than the microstrate in terms of MNAV coverage,” which makes Japanese firm Stocks more attractive to investors than MSTR.
Today’s purchase comes BTC PrixE continues to flirt around $ 103,500, facing a strong rejection at $ 105,000, crossing that will open gates for new all-time high. In addition, with Moody’s downgrade US credit ratingThe overall crypto market remains a bit irritable so far, as the S&P500 face strong sales pressure.
Bhushan Akolkar
Bhushan is a Fintech enthusiast with a deep understanding of financial markets. His interest in economics and finance has inspired him to focus on emerging blockchain technology and cryptocurrency markets. He is committed to continuously learning and is inspired by sharing the knowledge he receives. In his spare time, Bhushan enjoys reading a thriller fiction novel and sometimes examines his culinary skills.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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