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Metaplanet Just Bought 800 Bitcoin—And It’s Not Done Yet

  • Japanese investment firm Metaplanet has purchased 797 BTC for $93.6 million at an average price of $117,451 per coin, adding to its current balance of 16,352 Bitcoin bought at an average of $100,191 each for a total of about $1.64 billion.
  • Metaplanet's rapid accumulation of Bitcoin has been driven by high returns, with a BTC Yield metric of 435.9% from January through mid-July, reflecting Bitcoin's rally this year.
  • Metaplanet treats Bitcoin treasury operations as a core business line since December 2024, utilizing borrowings against its holdings to optimize costs and aims to hold 210,000 Bitcoin by the end of 2027.
  • Experts caution against aggressive accumulation strategies like Metaplanet's, emphasizing the need for a steady plan for corporate treasuries in Bitcoin investments as Bitcoin hits a new all-time high price of $122,382.

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