Metaplanet Increases Bitcoin Holdings Amid Rising Prices and Strong Institutional Interest
2025-07-15 01:16:56
Main Idea
Metaplanet has significantly increased its Bitcoin holdings to 16,352 BTC, achieving a 435% YTD yield, as institutional demand for Bitcoin grows amid rising prices and strong market performance.
Key Points
1. Metaplanet's Bitcoin holdings now total 16,352 BTC, valued at approximately $1.64 billion, with an average acquisition cost of $100,191 per BTC.
2. The firm acquired 7,464 BTC in the past month, including 3,002 BTC in the last week, contributing to a year-to-date yield of 435.9%.
3. Bitcoin's market capitalization has surpassed $2.4 trillion, exceeding major tech giants like Amazon and Alphabet.
4. Institutional demand for Bitcoin is strengthening, with spot Bitcoin ETFs attracting $2.7 billion in net inflows.
5. Metaplanet's stock price is projected to have a potential upside of 50%, with a target price of 2,400 JPY, as its modified net asset value (mNAV) adjusts to 3.78.
Description
Metaplanet has significantly expanded its Bitcoin holdings, acquiring 797 additional BTC as Bitcoin surges past $121,000, marking a pivotal moment in institutional crypto investment. The Tokyo-listed firm’s total Bitcoin portfolio
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