{"id":13458,"date":"2025-02-17T11:01:49","date_gmt":"2025-02-17T11:01:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13458"},"modified":"2025-02-17T11:01:49","modified_gmt":"2025-02-17T11:01:49","slug":"metaplanet-spends-another-26m-buying-bitcoin-lifting-holdings-above-2k-btc","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13458","title":{"rendered":"Metaplanet Spends Another $26M Buying Bitcoin, Lifting Holdings Above 2K BTC"},"content":{"rendered":"<div>\n<p>Metaplanet (3350) said it bought a further 269.43 bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>), strengthening its position as a major corporate holder of the cryptocurrency. The latest purchase, valued at 4 billion yen ($26.4 million), takes the Tokyo-based company&#8217;s holdings to 2,031.41 BTC.<\/p>\n<p>The purchase is part of the company\u2019s ongoing Bitcoin Treasury Operations; it started buying the largest cryptocurrency in April 2024 and has now made an <a href=\"https:\/\/metaplanet.jp\/wp-content\/uploads\/2025\/02\/Notice-of-Additional-Purchase-of-Bitcoin-1.pdf\" target=\"_blank\">aggregate investment of 24.9 billion yen<\/a> at an average price of 12.2 million yen, it said in a document posted on its website.<\/p>\n<p>The move aligns with Metaplanet\u2019s commitment to increasing its bitcoin yield, a measure of the change in the ratio of BTC holdings to shares outstanding. The company achieved a yield of almost 310% in the fourth quarter, and its yield for the first quarter is currently 15.3%.<\/p>\n<p>The purchase follows last month&#8217;s <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/28\/metaplanet-announces-largest-raise-to-buy-bitcoin-by-an-asian-listed-firm\" target=\"_blank\">$745 million fund-raising exercise<\/a> through the issuance of 21 million shares. The bitcoin-buying strategy mirrors that of corporate pioneers like MicroStrategy, and it becoming more popular in Japan\u2019s financial sector. Last week, energy firm Remixpoint said it spent 9 billion yen buying bitcoin last year.<\/p>\n<p>Among publicly traded companies, Metaplanet now has the 16th-largest stack, according to Bitcoin Treasuries. Metaplanet shares rose 2.2% to 6,040 yen on Monday.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Metaplanet (3350) said it bought a further 269.43 bitcoin (BTC), strengthening its position as a major corporate holder of the cryptocurrency. The latest purchase, valued at 4 billion yen ($26.4 million), takes the Tokyo-based company&#8217;s holdings to 2,031.41 BTC. The purchase is part of the company\u2019s ongoing Bitcoin Treasury Operations; it started buying the largest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13458","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13458"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13458\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}