What to know:
- In the bustling metropolis of Tokyo, the investment firm Metaplanet has decided to play a game of financial chess, increasing its bitcoin holdings to a staggering 3,350 BTC, which, if you squint, is worth about $291 million. 💸
- And lo and behold! Eric Trump, the illustrious offspring of the U.S. President, has graced Metaplanet’s strategic advisory board with his presence. One can only imagine the high-profile insights he will bring—perhaps a new way to count money? 🤔
- Metaplanet’s BTC Yield, a rather fancy term for measuring bitcoin growth against shares, has reached a dizzying 68.3% from January 1 to March 24, 2025. Who knew numbers could dance so well? 💃
On this fine Monday, Metaplanet announced with great fanfare that it had acquired an additional 150 bitcoin (BTC), bringing its total to a jaw-dropping 3,350 BTC. At current market rates, that’s a princely sum of approximately $291 million. Who needs a treasure chest when you have bitcoin? 🏴☠️
This acquisition comes hot on the heels of Eric Trump’s appointment to the newly minted strategic advisory board. One can only wonder what pearls of wisdom he will impart—perhaps tips on how to navigate the treacherous waters of investment with a wink and a smile? 😏
Metaplanet is on a mission, dear reader, to inflate its value for shareholders by hoarding bitcoin like a dragon hoards gold. They’ve devised a clever little measure called BTC Yield to track their success. It’s like a report card for bitcoin, but without the parental pressure! 📈
BTC Yield reveals the percentage change in their bitcoin stash compared to the total number of shares over time. From July to September 2024, their BTC Yield was a modest 41.7%, indicating their bitcoin hoard was growing steadily. Then, from October to December 2024, it skyrocketed to an astonishing 309.8%—a true rollercoaster of financial fortune! 🎢
As of 2025, from January 1 to March 24, they’ve achieved a BTC Yield of 68.3%, according to Monday’s documents. It seems the bitcoin gods are smiling upon them! 😇
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2025-03-24 10:51