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Metaplanet Increases Bitcoin Holdings with $53M Purchase
By: bitcoin ethereum news|2025/05/07 16:00:10
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On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the company. With this purchase, Metaplanet now holds 5,555 BTC, acquired for a total of around $481.5 million at an average price of $86,672 per Bitcoin, reflecting solid strategic planning. Contine To Read Source: https://coinpedia.org/crypto-live-news/metaplanet-increases-bitcoin-holdings-with-53m-purchase/
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