Overview
- The company disclosed on Sept. 22 that it bought 5,419 BTC at an average price of $116,724 per coin.
- Metaplanet has spent about $2.71 billion on its stash at an average cost of $106,065 per BTC, leaving roughly $290 million in unrealized gains.
- The total positions the firm at 85.2% of its 2025 target of 30,000 BTC, with a stated goal of 100,000 BTC by 2026.
- The purchase vaulted Metaplanet past Bullish to fifth on the Bitcoin Treasuries ranking of corporate holders.
- Shares slipped in Tokyo trading and are down more than 27% over the past month as short positions increased, while executives cited a 395.1% year-to-date BTC Yield and launched Miami-based Metaplanet Income Corp. with $15 million to run derivatives.