Metaplanet Spends $451 Million on 4,279 Bitcoin in Q4
Metaplanet invested $451 million in 4,279 Bitcoin during Q4, increasing its total holdings to 35,102 BTC and solidifying its position as a major corporate Bitcoin holder.Summary
Metaplanet acquired 4,279 Bitcoin for approximately $451 million in the fourth quarter, bringing its total Bitcoin holdings to 35,102 BTC. This purchase reinforces the company’s standing as one of the largest corporate Bitcoin holders in Asia and the fourth largest globally. The average acquisition price was $105,412 per coin, with a cumulative investment of roughly $3.78 billion at an average cost of $107,600. Metaplanet aims to hold 210,000 BTC by the end of 2027, requiring continued access to capital markets. The company’s shares ended the year up 8%, but remain below their peak due to Bitcoin’s volatility and investor concerns about its concentrated Bitcoin holdings. Notably, Metaplanet combines Bitcoin accumulation with a derivatives business to generate revenue, expecting $55 million in the coming fiscal year, and reported a BTC Yield of 11.9% in the quarter and over 500% year-to-date.
(Source：Bitcoin Magazine)