Metaplanet: Bitcoin Bonanza or Just a Dabble in Digital Debauchery?

Oh, darling, gather round! Japan’s illustrious Metaplanet Inc. (currently frolicking on the Tokyo Stock Exchange under the charming moniker 3350, and for those posh enough, OTCQX: MTPLF), has decided to up the ante in their Bitcoin escapade, acquiring a delightful 319 additional coins. How positively thrilling! That brings their glittering total to a rather impressive 4,525 BTC. One must wonder if they are hoarding these like a tabby cat with yarn!

The latest splurge cost them an average of 11,845,786 yen per Bitcoin, resulting in a merry sum of 3.779 billion yen. What a fabulous figure! Their overall investment thus far is sitting pretty at 58.145 billion yen, with an average purchase price of 12,849,780 yen per Bitcoin. I’m positively breathless!

Now, while one might think they’re tossing digits about willy-nilly, Metaplanet is rather strategic, using BTC Yield as their guiding star. They boast yields of 41.7%, a skyscraping 309.8%, and a reasonable 95.6% in the most recent periods. My, what a generous return on their shiny digital investments! As of April 14, 2025, they are currently basking in a 6.5% yield for the quarter. Cheers to that!

Read More

2025-04-14 12:00