According to the company's latest financial disclosure, Metaplanet's total Bitcoin holdings now stand at 1,761.98 BTC, with an average purchase price of 11,846,002 yen (about $75,628 USD) per BTC. The document stated that the company spent a total of 20.872 billion yen on Bitcoin acquisitions.

The latest purchase is the largest yet for the Tokyo-headquartered company, and comes just days after Metaplanet Issued The fifth series of common bonds through private placement with EVO FUND, raising 5 billion yen (about 32 million US dollars).

The proceeds from this issuance, as previously disclosed, were specifically allocated to the purchase of Bitcoin. These bonds, scheduled to mature in June 2025, do not bear any interest and allow early redemption under specified conditions.

Metaplanet buys the dip

The company also shared updates on its BTC yield, a metric used to measure the growth of Bitcoin holdings compared to fully diluted shares. From October 1 to December 23, Metaplanet's Bitcoin return rose to 309.82%, compared to 41.7% in the previous quarter.

Bitcoin itself has seen a strong performance this year, rising 120% and outperforming assets such as the Nasdaq 100 and S&P 500. However, it recently retreated from its all-time high of $108,427, trading at $97,000 after a bank... The Fed has only two interest rate cuts in 2025.

Despite the decline... The scales on the chain indicate that Bitcoin remains undervalued based on its Market Value to Realized Value (MVRV-Z) score, which is 2.84 – below the threshold of 3.7 that historically indicates the asset is overvalued.