In a recent move, the Tokyo-headquartered investment firm disclosed on X that it snapped up bitcoin at an average rate of $118,519 each, culminating in a roughly $61 million outlay.

Boasting the sixth-largest corporate bitcoin portfolio, Metaplanet’s stash now totals approximately 18,113 BTC — currently valued near $1.85 billion — having been accumulated at an average cost of $101,911 per coin.

Bitcoin Performance Metrics: Tracking Growth and Volatility

From July 1 through August 12, the BTC Yield clocked in at 26.5%, signaling amplified bitcoin holdings relative to the fully diluted share count.

Looking back, the BTC Yield has exhibited considerable swings: beginning at 41.7% during Q3 2024, skyrocketing to a staggering 309.8% by year’s end. A subsequent decline brought it down to 95.6% in Q1, before recovering to 129.4% in the second quarter.

Additional data: Over the past year, Metaplanet’s bitcoin accumulation has contributed significantly to its overall portfolio, with its BTC holdings growing by more than 15% in quantity, reflecting a strategic focus on long-term digital asset appreciation.

Shareholder Impact and Market Reaction

To gauge the benefits of its bitcoin acquisition approach, Metaplanet regularly monitors both BTC Yield and BTC Gain, metrics designed to measure shareholder value accretion stemming from its digital asset strategy.

Following the announcement, the company’s stock price dipped 2.7%, closing at 975 yen (around $6.6) on Tuesday, reflecting market volatility typical of such digital asset fluctuations.