Metaplanet Buys Another 330 BTC as BTC Moves Above $87K

April 21, 2025
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Publicly-listed Metaplanet announced fresh bitcoin (BTC) purchases on Monday as BTC went above $87,300, reversing last week’s loses.Metaplanet picked up 330 BTC bring its overall holdings to 4,855 BTC, worth over $420 million, based on current prices.This is the Japanese firm's third bitcoin purchase this month, even as broader markets reel from tariff concerns amid a general lack of optimism. Earlier this month, Metaplanet became the tenth-largest public holder of BTC.However, Metaplanet is not the only Japanese firm raking up bitcoin.Fashion brand ANAP Holdings purchase approximately 16.6591 BTC, valued at around 200 million yen (approximately $1.4 million), last week.The holdings will be overseen by its subsidiary, ANAP Lightning Capital. The company plans to conduct quarterly market value assessments of its BTC holdings, with any gains or losses reflected in its profit and loss statements.Its BTC yield from quarter-to-date is at 12.1% so far, with the previous quarter’s yield at 95%.

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Source: www.coindesk.com
Published: April 21, 2025

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