Metaplanet has bolstered its Bitcoin holdings to 2,391 BTC, with an average purchase price of $82,100 per coin.
The company (3350) recently acquired an additional 156 BTC for $13.4 million at an average price of $85,590 per bitcoin. This latest investment has pushed Metaplanet’s year-to-date BTC yield to 31.8%. As of March 3, the company’s total Bitcoin holdings are valued at approximately $196.3 million.
CEO Simon Gerovich revealed that Metaplanet has received formal invitations from the New York Stock Exchange (NYSE) and Nasdaq to explore opportunities for broader market participation.
“We are evaluating the most effective way to enhance accessibility to Metaplanet shares for global investors,” Gerovich shared in an X post.
Metaplanet’s Bitcoin strategy has so far resulted in an unrealized gain of around $21.3 million, while its stock price surged 20% on Monday, trading at 4,010 yen.
With this move, Metaplanet follows Bitdeer Technologies as the second publicly listed company to announce additional Bitcoin purchases during the recent market dip.
