3 months ago
Japanese edifice institution Metaplanet (3350) has acquired 162 bitcoin (BTC) for $13.5 cardinal astatine an mean terms of $83,123 per bitcoin, achieving a year-to-date bitcoin output of 53.2%.
The BTC output represents the percent alteration successful the ratio of bitcoin holdings to afloat diluted shares outstanding implicit a fixed period. As of March 12, Metaplanet holds 3,050 BTC valued astatine $253.7 million, with an mean acquisition terms of $83,180 per bitcoin.
Additionally, the institution has issued 2 cardinal JPY ($13.5 million) successful zero involvement mean bonds to money further bitcoin acquisitions. At the clip of writing, Metaplanet shares were trading astatine 3,630 yen, down astir 50% from it's all-time precocious successful February.
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