Japanese resort firm Metaplanet (3350) has acquired 162 bitcoin (BTC) for $13.5 million at a mean worth of $83,123 per bitcoin, attaining a year-to-date bitcoin yield of 53.2%.
The BTC yield represents the share change within the ratio of bitcoin holdings to completely diluted shares excellent over a given interval. As of March 12, Metaplanet holds 3,050 BTC valued at $253.7 million, with a mean acquisition worth of $83,180 per bitcoin.
Moreover, the corporate has issued 2 billion JPY ($13.5 million) in zero curiosity abnormal bonds to fund additional bitcoin acquisitions. On the time of writing, Metaplanet shares had been buying and selling at 3,630 yen, down nearly 50% from it is all-time excessive in February.
