The Japanese hotel company Metaplanet (3350) has acquired 162 Bitcoin (BTC) for $ 13.5 million at an average price of $ 83,123 per year. Bitcoin and achieved one year to date Bitcoin yield of 53.2%.
The BTC yield represents the percentage change in the relationship between Bitcoin stocks and fully diluted outstanding shares over a given period. Per. March 12, Metaplanet has 3,050 BTC worth $ 253.7 million with an average acquisition price of $ 83,180 per year. Bitcoin.
In addition, the company has issued 2 billion JPY ($ 13.5 million) in zero interest rates common bonds to finance additional Bitcoin acquisitions. At the time of writing, Metaplanet shares with 3,630 yen traded almost 50% down from it all the time in February.