Tokyo-listed agency Metaplanet (MTPLF) has added a further 136 bitcoin to its treasury, after earlier this month taking its holdings to over 20,000 cash.
The acquisition was made at a median buy value slightly below $112,000 per bitcoin and lifts the whole the agency spent on BTC to greater than $2 billion.
Metaplanet tracks the efficiency of its funding by way of a BTC yield metric, which measures the expansion of bitcoin held per absolutely diluted share relatively than conventional yield earned on belongings held.
From April by way of June, Metaplanet posted a BTC yield of 129.4%. For the third quarter thus far, the determine stands at 30.8%
The corporate’s 20,136 BTC stash makes it the sixth-largest publicly traded bitcoin treasury firm. Collectively, these corporations maintain over 1 million BTC, with the lion’s share coming from Technique’s 638,460 bitcoin treasury.
Shares are down greater than 30% over the previous month, hit by a modest decline within the value of bitcoin together with a shrinking mNAV — the premium of the corporate market cap versus its bitcoin holdings.
