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Metaplenet, based in Japan, bought 696 additional bitcoin today to take its total holdings to 4,046 btc after the company reported robust income from its bitcoin holdings in the first quarter of this year.
According to April 1 advertisementThe last acquisition of the firm was executed at an average purchase price of 14,586,230 yen, or around $ 97,512 per bitcoin.
Metaplenet generated more than 770 m yen through Bitcoins options
Together with the purchase of btc, Metaplenet also announced that he won 770.3 million yen in revenues of the bitcoin sales options that he bought at the beginning of the quarter. These options are futures contracts that bet on the price of the underlying asset that decreases.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”10.135458167331″>
Metaplenet has acquired 696 btc, increasing total holdings to 4,046 btc. Our bitcoin income generation business delivered ¥ 770 million in revenues Q1. btc YTD yield reached 95.6%. pic.twitter.com/kp92nntkti
– Simon Gerovich (@gerovich) <a target="_blank" href="https://twitter.com/gerovich/status/1906976979322331384?ref_src=twsrc%5Etfw”>April 1, 2025
When Metaplenet wrote the contracts, the bitcoin Price remained at maximum of all time above $ 100K. Since then, the largest market crypto of market capitalization has fallen considerably to <a target="_blank" href="https://coinmarketcap.com/currencies/bitcoin/”>trade at $ 83,996.43 at 6:53 am est.
Metaplanet 405 btc far from becoming the ninth largest corporate holder worldwide
Metaplanet is currently the largest corporate head of bitcoin worldwide and the largest corporate head of Asia, according to data from Bitcintrease.net. This places it together with other important companies that have bitcoin, including the strategy (previously Microstrategy), Tesla, Mara Holdings, Riot Platforms and Global Coinbase.
With the recent purchase, Metaplenet is now only 405 btc to claim the title as the ninth corporate head of bitcoin Group.
Investors reacted positively to the btc Buy announcement of Metaplenet. Google finance <a target="_blank" href="https://www.google.com/finance/quote/3350:TYO?sa=x&ved=2ahUKEwi2uPbq5LaMAxUIWEEAHfdEFwMQ3ecFegQIORAf”>data It shows that the company's shares have increased by 2% today. The action had 8% fell yesterday after metaplanet announced A plan of 2 billion yen to buy more bitcoin.
Metaplenet shares rose more than 2,000% since the company began building its bitcoin reserve in April last year.
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