Japanese investment company Metaplanet announced the purchase of 135 BTC for more than $11.4 million, at an average price of $96,003 per coin. According to Metaplanet, a total of $185.8 million was spent on the formation of the Bitcoin portfolio, with an average cost of $83,142 per BTC.
The company’s total reserves now amount to 2,235 bitcoins and are valued at $199 million.
In the period from July 1 to September 30, 2024, Metaplanet’s return on investment in the first cryptocurrency was 41.7%, and from October 1 to December 31, 2024, this figure reached 309.8%. In quarterly terms, from January 1 to February 25, 2025, its value is 23.2%.
From February 18 to 25, Metaplanet exercised 27.7% of the rights to acquire shares of the 13th series. Net proceeds from the sale of these rights amounted to $47.6 million. The company plans to spend them on increasing the balance in the first cryptocurrency, as it intends to own 21,000 BTC by the end of 2026.
Earlier, Metaplanet announced the purchase of 619.70 BTC worth $60 million, taking advantage of the cryptocurrency’s fall to $95,000.
