On June 23, Metaplanet announced the purchase of 1,111 BTC for over $118 million. The average purchase price was about $106,400 per coin. The company’s entire portfolio is now valued at $1.12 billion.
According to the report, the return on investment in bitcoin by quarter was as follows:
– Q3 2024 — 41.7%
– Q4 2024 — 309.8%
– Q1 2025 — 95.6%
– April through June 23 — 107.9%
Despite the large purchase, Metaplanet shares fell by 8%. Bitcoin was trading around $102,000 at the time.
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