Japanese investment firm, Metaplanet, has purchased an additional 619.70 BTC for approximately $60.70 million, bringing its total Bitcoin holdings to 1,761.98 BTC. The average purchase price for this transaction was 15,330,073 yen per Bitcoin. Metaplanet has been strategically growing its Bitcoin holdings through capital market activities and purchases funded by operating revenues. The company clarified that it has not issued convertible bonds connected to its Bitcoin holdings but may consider using them in the future. Metaplanet has also adopted Bitcoin Yield (BTC Yield) as a Key Performance Indicator (KPI) to assess its business performance and provide transparency for investors. The firm has been compared to MicroStrategy due to its frequent Bitcoin purchases, which it sees as a strategy to mitigate economic challenges in Japan.



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