Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase.
Metaplanet acquired 330 Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/bitcoin-price”>BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, data-ct-non-breakable=”null” href=”https://x.com/gerovich/status/1914153518258360448″ rel=”nofollow noopener” target=”_blank” text=”null” title=”https://x.com/gerovich/status/1914153518258360448″>according to an April 21 post from Simon Gerovich, the CEO of Metaplanet.
The firm’s Bitcoin yield surpassed 119% year-to-date after its latest investment.
data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/metaplanet-issues-13-3-million-in-bonds-to-buy-bitcoin” rel=”null” target=”null” text=”null” title=”null”>Metaplanet issued 2 billion Japanese yen ($13.3 million) of bonds to buy more Bitcoin on March 31,…
