Michael Saylor Highlights Metaplanet Inc.’s Bitcoin Activities
Michael Saylor, a prominent Bitcoin advocate and executive chairman of Strategy, has brought attention to another Bitcoin-focused company, Japan-based Metaplanet Inc., which is following Strategy’s investment playbook.
The company has recently made significant Bitcoin purchases to enhance its balance sheet. In a recent update on X, Saylor shared information about Metaplanet acquiring a substantial amount of Bitcoin.
Recent Purchase and Yield
According to a tweet from Metaplanet Inc’s CEO Simon Gerovich, the company has purchased 497 Bitcoins for approximately $43.9 million, at about $88,448 per Bitcoin. Since the beginning of 2025, Metaplanet has reported a Bitcoin yield of 45.1% year-to-date for its shareholders. Currently, the company holds 2,888 BTC valued at approximately $240.2 million, having paid around $83,172 per Bitcoin.
Saylor retweeted this announcement, emphasizing, “Metaplanet is bringing BTC Yield to Japan.”
> Metaplanet is bringing BTC Yield to Japan 🇯🇵 Link
> — Michael Saylor⚡️ (@saylor) March 5, 2025
Strategy’s Current Status
On March 3, Metaplanet announced another Bitcoin acquisition from late February, adding 156 BTC to its holdings. Earlier in March, the company also purchased 269 BTC, indicating an acceleration in its buying activities.
In contrast, Strategy has paused its significant Bitcoin acquisitions. As of March 2, the firm holds 499,096 BTC, valued at over $46 billion. Recently, it acquired $2 billion worth of Bitcoin after completing a major investment offering, but no new Bitcoin purchases have been announced this week, causing concern within the Bitcoin community.
Bitcoin Price Movement
Bitcoin has experienced a notable recovery of approximately 7.44% recently, rising from $82,760 to $88,360 as of now, rebounding after an 11.7% price drop earlier this week that resulted in about $1 billion in liquidations in the crypto market.
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